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The Bank of China has lowered interest rates to stimulate their economy. Meanwhile, European Central Bank (ECB) President Mario Draghi started their bond buying program to jump start their economy. Central banks cutting interest rates and buying bonds definitely sounds familiar. Existing home sales rose 1.55% in October...
Immigration, instability and impeachment has been the Republican narrative against President Obama lately. What about Obamacare? Remember? The sky had fallen. The world was going to end. Remember? It was socialism on steroids and hgh with the other team’s playbook. The descent of America had begun. Remember? We haven’t heard...
GDP expanded at an annual rate of 2.6% in the 4th quarter which was slightly above analyst estimates of 2.4%. Stronger consumer spending is believed to be behind the increase. Growth in home prices slowed in January. The Case-Schiller Housing Price Index increased about thirteen percent as compared to last...
Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shores. Send these, the homeless, tempest-tossed to me. I lift my lamp beside the golden door. The Problem 11.7 million undocumented immigrants currently reside in the country. There is a current...
Welcome to the Paper Chase. We all want money. This is what I think about when looking at the market. 2013 Was Awesome The S&P 500 finished up 29.6% for the year, its highest since 1997. The Dow Jones Industrial Average finished up 26.5% for the year, its highest since...
Will Obama’s young supporters ensure Obamacare’s survival against their own financial interest? It is well documented that youth were key to the Obama campaign’s success in 2008 and 2012. Much of the campaigns success was predicated on getting youth engaged in the political process and approaching them in the digital...