The Fed for Dummies, Literally…

Finance Week Ahead: Earnings Season Kicks Off By Rebecca Stropoli | The Exchange – Fri, Apr 5, 2013 8:39 PM EDT   What a difference a few days makes: On Tuesday the S&P 500 was a mere three points away from busting past its all-time intraday high, set in 2007. Now the index has closed its worst [...]

Justin Timberlake Made a Fortune Giving His Album AwayBy Claire Suddath on March 29, via Justin Timberlake Made a Fortune Giving His Album Away – Businessweek. Recommend on Facebook Share on Linkedin share via Reddit Share with Stumblers Tweet about it Print for later Tell a friend

U.S. Ups Its Show of Force in Korea By JULIAN E. BARNES Agence France-Presse/Getty Images The U.S. sent F-22 fighters like this one to South Korea for exercises. The U.S. flew F-22 stealth fighter jets to South Korea Sunday for joint exercises, a further demonstration of advanced military capabilities meant to deter provocations from Pyongyang. [...]

Stockman Warns of Crash Of Fed-Fueled Bubble Economy By Richard Rubin – Mar 31, 2013 2:42 PM MT   The U.S. economy, fueled by “phony money” from the Federal Reserve’s quantitative easing policies, is headed for an inevitable crash, likely “within a few years,” warned David Stockman, who was budget director for President Ronald Reagan. [...]

Wall Street Hates YouI have a saying, “Don’t buy what someone wants to sell you. Buy what you have researched.”And so I would tell everyone: don’t give brokers discretion over you accounts, and don’t let them convince you to buy unusual bonds, or obscure securities of any sort.  By unusual bonds, I mean structured notes, [...]