April 2011
5 posts
Dear Mr. President: Duh
I’m a product of the generation that introduced the widespread use of “duh.” As succinct as it is sarcastic, “duh” is a small word with a big impact. While “duh” isn’t nice, it is effective.
So when President Barack Obama announced this week that he would appoint a task force to investigate price fixing in the energy markets, my response was, “Duh.”
What is it Barry hopes to find out? Will we...
Relive Some of Wall Street's Epic Battles
It’s the stuff of legends. Earlier this week, the board of NYSE Euronext Inc. rejected an unsolicited bid from Nasdaq OMX Group Inc./Intercontinental Exchange for a second time. According to The Wall Street Journal, the board reaffirmed its commitment to a previous deal merger with Deutsche Boerse. Now, the fight for shareholder votes begins. However, Nasdaq/ICE must convince regulators that...
China: Profit from this Super Power
Maybe we’re growing tired of the headlines related to the economy, commodities and currencies—the dollar this, interest rates that.
That said, it’s difficult to be bored by all the exciting news about China’s economy, the yuan and the nation’s record-breaking currency reserves.
According to Interactive Investor, surging inflation in China announced this morning led to a boost for safe-haven...
Penny Wise
Federal Reserve Bank of Chicago designated this Money Smart Week.®
The annual event includes a series of free classes and activities that help consumers better manage personal finances. MSW partners at independent financial institutions do this through a series of educational events sponsored in various locations.
MSW is a good reminder that our finances need constant attention.
Most of us...
Go for the Gold—or Cash in?
After a record-breaking first quarter 2011 for gold, some analysts wonder this precious metal may begin to lose some luster.
According to TheStreet, the U.S. jobs report caused gold investors to cash in for profits, taking a big chunk out of gold prices in the futures market today.
Despite the decline, financial news agencies note that both gold and silver hit record highs during this...
