Articles

Tips on spending your tax refund - investing in yourself and the markets!

With the stock market rallying about 70% from last year’s low, investors, traders and economists are now thinking (and betting) that the economy is ready to bounce back and that America will see a great expansion in the coming months. Here are the biggest events and indicators you should look for when deciding where to put your money.

Former Federal Reserve Chairman Allan Greenspan has just published a paper which serves as a defense of his economic stewardship during the bubble years. The thesis of the paper is that a global savings glut, not a low Federal Funds rate led to the housing boom and its subsequent bust. In addition, lax regulation allowed banks to take on risk that they couldn't support.

The Democrats are starting to give some clues as to their plan for our debt crisis, and it involves Public-Private Partnerships (PPP).

Bono is a major investor in Elevation Partners run by Roger McNamee. They made and have now lost a fortune betting on the hapless PALM.

A new list has emerged with the top ten largest concentrations of millionaires in the United States. Number Ten? Your government.

The Greek bailout situation is becoming wildly complex and now reads like an extraordinary political novel.

Short selling (or selling stock now with the obligation to buy it back later) was widely blamed for the collapse and instability of financial markets during 2007 and 2008. The Lehman bankruptcy report would suggest otherwise.

With the Boomers poised to retire, it's time for Uncle Sam to settle up two trillion in bonds to the Social Security Administration. The bad news? Uncle's broke.

Most people contend that the AOL / Time Warner merger was the worst ever. My money though is on the BSX / GDT deal. Talk about value destruction!!!