by Justin Knapp | Sep 23, 2011 | Current Affairs, Financial Articles
The markets are waking up to the inevitable. In Europe, Greece is bust — the country’s short-term bonds yield more than 100%. Here at home, the economy is slowing, Washington is paralyzed, and the Fed is out of bullets. How much worse will it get? Will the...
by Justin Knapp | Sep 14, 2011 | Current Affairs, Financial Articles, Government
Last Thursday, President Obama proposed new federal jobs and job-training programs for youth and the long-term unemployed. The federal government has experimented with these programs for almost a half century. The record is one of failure and scandal. Read More...
by Justin Knapp | Aug 30, 2011 | Current Affairs, Financial Articles
In recent weeks, Pacific Investment Management Co. founder Bill Gross says he has “lost sleep” over an ill-timed bet on Treasurys. During an interview at Pimco’s Newport Beach, Calif., headquarters, Mr. Gross, manager of Pimco’s Total Return...
by Justin Knapp | Aug 30, 2011 | Current Affairs, Financial Articles
Retirement isn’t necessarily a happy time for people. Just 60% of current retirees say that their retirement is “very satisfying,” according to research by the Center for Retirement Research at Boston College. Nearly one in five retirees say that they are...
by Justin Knapp | Aug 8, 2011 | Current Affairs, Financial Articles
Technical factors played a role in Thursday’s unsettling market moves, including the disorderly across-the-board collapse in the price of risk assets in the final hour of trading and the related surge in U.S. Treasury’s. But they were not the cause....
by Justin Knapp | Jul 20, 2011 | Current Affairs, Financial Articles, Government
Wall Street Journal article written by: Jason Zweig How can you lower your portfolio’s risk in a world of rolling government-debt crises? Start by taking a deep breath. Then, see if you need to do some tinkering—but not too much. Read Article...
