Created in 1933 to restore confidence in the nation’s banking system, the The Federal Deposit Insurance Corporation (FDIC) insures deposits at 8,384 banks and savings associations in this country (Source: FDIC News Release – 2/5/2009). A vast majority of these FDIC-insured banks are small and medium community banks. In this article lets review the community …
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This week the Organisation for Economic Co-Operation and Development (OECD) released the OECD Private Pensions Outlook 2008 report. This report analyzes the private pension systems in various countries and compares their performance in terms of fees, risk allocation, etc. One of my key observations in this report is that the pension funds in the USA …
Continue reading ‘Will US Pension Funds Suffer More Losses in 2009?’ »
Many of the closed-end funds are trading at a discount to NAVs. When these funds trade at a discount they are considered to be cheap. Closed-end funds can be swing wildly during volatile markets such as the one investors are enduring. The following are five cheap closed-end funds: 1.New Germany Fund (GF) Discount to NAV: …
The personal savings rate in the US has been going up in the past few months. This has implications for the economy as the consumption rate decreases. Since consumption forms a major portion of our GDP it pays to keep a close on the savings rate. The New York Times published an article titled “Consumers …
Continue reading ‘How High Will The US Personal Savings Rate Go?’ »