During the past few months, many investors came to the conclusion that buy-and-hold strategy does not work anymore. However there are some folks who still believe that the strategy still works provided one chooses the right mix of investments for a portfolio and holds it over a long period of time. The following two charts …
Households in the U.S. are more vulnerable to financial shocks than households in other developed countries. The current recession has clearly shown that most American households are not prepared to deal with bad economic conditions. Some of the recent headlines include: 1.9 MILLION FORECLOSURE FILINGS REPORTED ON MORE THAN 1.5 MILLION U.S. PROPERTIES IN FIRST …
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The Top 15 crude oil exporters to the U.S. for the month of May has been published by the Energy Information Administration, Department of Energy. The following table shows the list of these countries: Source: Energy Information Administration, Department of Energy Contrary to popular wisdom, the middle eastern countries are the largest exporter of oil …
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Syntactical corrections for government mandated bailouts are usually required because such programs usually say one thing and deliver something quite the opposite. That notion is true for the “Cash for Clunkers” program in the US government, which has had the effect instead of delivering Clunkers for Cash.Clunkers for cash However the US government intends to …
Continue reading ‘Knowledge is Power: German Exports Jump Edition’ »
The Obama administration has announced that $27B are to be spent on critical repairs to the country’s crumbling roads and infrastructure under the American Recovery and Reinvestment Act (ARRA) of 2009. In total, the government plans to spend $111B in Infrastructure and Science according to the site Recovery.gov. How many jobs will this infrastructure spending …
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