Dec 23, 2015
American homeowners are finally digging out of the hole created by the housing crisis says the Wall Street Journal, but their housing wealth is playing a much smaller role in the overall economy than it did before the downturn.
Home equity has roughly doubled to $12.1 trillion since house prices hit bottom in 2011,...
Dec 22, 2015
If you want to win a Nobel Prize in the arts or sciences, it’s
important to be original, says Charles Sizemore of Sizemore Capital
writing for Forbes. But if you want to make money in the stock
market, originality is vastly overrated, especially this year.
As Sizemore says, there are many research services dedicated...
Dec 21, 2015
Steve and Ken bring us up to date on the news and gold expert Nick Grovich unveils the do's and don'ts of buying or selling gold and collectible coins.
Dec 18, 2015
It's Christmas and we will all be spending a little more. According to a study of 4,500 Dutch consumers in the Journal of Economic Psychology, unhappy people save less, spend more and have a higher propensity to consume. Americans are spending just as fast as Europeans, says the University of Utah. Researchers are...
Dec 17, 2015
Ever since the global financial crisis, economists have groped for reasons to explain why growth in the U.S. and abroad has repeatedly disappointed, citing everything from fiscal austerity to the euro meltdown. They are now coming to realize that one of the stiffest headwinds is also one of the hardest to...