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With the stock market rallying about 70% from last yearââ¬â¢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.
Read →Caution! Retail Investors Are Back
Retail investors piled record numbers of assets into mutual funds over the past 52 weeks. This, coupled with a 17-month high in the market, spells danger for the conservative investor.
Read →Investing Pearls of Wisdom
Timely investment advice that is sure to produce returns for any investor. Moral of the story: Don't speculate!
Read →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.
Read →Arizona's recent rise in home sales figures represents a disturbing trend.
Read →Sure, it sounds great...until you consider the implications. Then it's just terrifying.
Read →The Chinese currency is 50% undervalued, according to The Economist's Big Mac Index.
Read →The Democrats are starting to give some clues as to their plan for our debt crisis, and it involves Public-Private Partnerships (PPP).
Read →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.
Read →Translated into English, this means one thing: Uh-oh.
Read →A new list has emerged with the top ten largest concentrations of millionaires in the United States. Number Ten? Your government.
Read →The Greek bailout situation is becoming wildly complex and now reads like an extraordinary political novel.
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