Government

The general public largely accepts that prices tend to go up over time. Chances are high that a dinner for two at a casual restaurant will be more expensive in 2026 than it is in 2016. Unfortunately, this also means the cost of retiring in 2020 or 2030 may be much more expensive. This is

All market attention is focused on the Fed’s annual symposium, beginning today in Jackson Hole, Wyoming. Seemingly overwhelming concern is being placed on financial information, economic data and interest rate plans scheduled to be released tomorrow, by Fed Chair Janet Yellen. The market’s “company line” appears to believe that an interest rate increase in September

As much as lower oil prices are being appreciated at the gas pump, its effect on the global economy is nothing short of cataclysmic. Countries like Algeria, Libya, Nigeria and Venezuela depend on oil production for their very well-being. The $30 per barrel price we touched on earlier this year nearly bankrupt these countries. The

If the economy is an important consideration for you in the upcoming election, then this Infographic can be very beneficial, by providing you with a historical perspective on which political parties, when elected, had the greatest affect on gold, the stock market, and the economy in general. It describes the average percentage differences in economic

Before our politicians set out on a Wall Street housecleaning, they better take a good hard look at how they themselves and the justice system are handling white collar crime. Talk is cheap and the rich and powerful have every reason to bank on it. Banks invested in volatile and dangerous derivatives that collapsed and

Central banks all over the world tried their best to keep a straight face as they pontificated about the virtues of their various quantitative easing efforts. But as 2016 progressed, even they realized that their hyperbole was having no effect and the gold train was leaving the station without them. So like the large gold

United States presidential elections have the power to move financial markets. It typically starts with the Dow Jones experiencing a noteworthy uptick or downturn in the immediate aftermath of Election Day, and continues throughout the new president’s term as his economic, monetary, and foreign policies begin to take shape and subsequently affect taxes, interest rates,

Just three months ago, the Fed was a veritable fountain of economic optimism, gushing with praise for the improving unemployment numbers and eager to implement the first interest rate increase and the first interest rate adjustment in more than seven years, with Dollar fortifying plans to continue increasing interest rates on a quarterly basis initially

The U. S. Federal Reserve’s Open Market Committee (FOMC) meeting concluded yesterday with no major changes. As I’ve been suggesting for weeks now, the Fed did manage to begin backing off of their aggressive talk regarding rapidly and frequently increasing interest rates. They still haven’t copped to it, but Fed realizes that the economy is