Articles
Selected category: US Govt and Economy
After much speculation, QE III will be implemented. Given the lack of efficacy of past, similar efforts, does this action on the part of the Fed even matter?
Read →With the attention of many focused on Europe, another threat to economic stability is beginning to take shape in the political battle over the impending Fiscal Cliff.
Read →As Europe's refusal to implement long term solutions to its fiscal crisis continues and U.S. economic data remains weak, speculation is growing that the Federal Reserve will initiate QE3.
Read →With a dearth of positive economic data available, both current and in the long term, it is looking increasingly likely that U.S. interest rates will continue their plunge toward zero.
Read →Europe's appalling lack of political will leads to the continued bungling of their debt crisis as Spain's financial system is feared to be at the point of collapse. This may result in US interest rates getting still closer to zero.
Read →Earlier this week on CNBC, David Einhorn, founder and president of hedge fund Greenlight Capital, made the case that the U.S. Federal Reserveâs economic stimulus program was counterproductive and the Fed should raise rates to 2-3 percent. âI think having very low zero rates is depressing to people,â Einhorn said.
Read →The Supreme Court's decision upholding the constitutionality of the health care bill creating the Patient Protection and Affordable Care Act (PPACA) may actually create more uncertainty, leading to caution and lack of spending by companies, causing a sluggish economy and persistently low interest rates through the remainder of the decade.
Read →Is China the next shoe to drop?
Read →What does further quantitative easing in Europe mean for savers and borrowers in the US?
Read →Christina Fernandez de Kirchner's move to nationalize YPF follows a troubling Peronist trend, and assures Argentina's future as a third rate economic power.
Read →Warren Buffett published an interesting article in Fortune today that illuminates his thinking on the attractiveness of different investment classes. While I don't hang on Warren Buffett's every word, I thought some of his analysis pertinent for BestCashCow savers and investors.
Read →The Federal Reserve today released its Federal Open Market Committee statement today and the big takeaway for savers is to expect low rates through 2014. There are steps you can take to maximize your savings and make the best of a bad savings situation.
Read →Fed Statement Provides a Few Rays of Light to Savers
The Federal Reserve released their FOMC statement today and while slightly more optimistic than prior statements, made it clear rates will remain low for some time. Savers cannot rely on the Fed for more yield.
Read →How the Greek & European Debt Crisis Impacts Consumer Bank Rates
Over the past two years, the news has occasionally focused on the slow-moving debt debacle that is taking place in Greece and several other members of the European Union. It's easy to dismiss what is happening in Europe as something... Read →Fed Statement Means Bank Rates to Stay Low Through 2013
Those of you holding your breathe, waiting for savings account rates and CD rates to rise, will have to hold for quite a bit longer. Today, the Fed announced that it was going to hold its benchmark interest rate at a record low (0 - .25%) at least through 2013. The Fed announced this in the midst of a ratings downgrade of U.S. debt, a slowing U.S economy, and persistent sovereign debt issues in Europe.
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