Why the FED should not Act!

July 27, 2012 Staff 0

The Federal Reserve Bank has added over a trillion dollars to its balance sheet in order to stimulate the economy. It has also pledged to keep interest rates fixed through 2014. However, it should not take further action.

Contagion from Euro Zone Hits the US

July 25, 2012 Staff 0

Contagion from the euro zone debt crisis has hit the US in the form of lower confidence and spending by investors and consumers and greater difficulty in borrowing and refinancing mortgages.

Economy is Losing Steam Faster

July 23, 2012 Staff 0

The economic indicators for the week of July 23 suggest that the economy is losing steam faster. A broad range of important indicators turned more negative, and the economy is stalling rather than turning around.

Week in Review: Economic Ups and Downs

July 13, 2012 Staff 0

Everyone was braced for bad economic news following the disappointing unemployment numbers of last week. However, the week may be ending on a good note following J.P. Morgan’s earnings report.