The Great Recession and its aftermath was actually the best of times for countries with natural resources to sell. The US, Europe and Japan ran record deficits and cut ... Read More
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see ... Read More
JPMorgan Chase & Co. still has a shortfall of as much as $12.5 billion in meeting capital rules approved by the Federal Reserve on Monday. The Fed assigned capital ... Read More
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise ... Read More
The US unemployment rate has been in the range of 5.4-5.5% since February, which is clearly a vast improvement from its peak of 10% in October 2009. But of ... Read More
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. ... Read More
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure ... Read More
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent ... Read More
“The AICPA supports comprehensive tax reform.” These were the words of Troy Lewis, chair of the AICPA’s Tax Executive Committee, in a letter sent to Rep. Paul Ryan, R-Wis., ... Read More
“It took 18 years for ETFs to reach $1 trillion and three years for it to reach the additional $1 trillion,” says SSGA’s David Mazza. Assets invested in U.S.-listed ... Read More
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