Given the news coming from the Fed and our continued low interest rate environment that's punishing savers and those on fixed incomes I've asked our resident Fed expert and ETF trader Rick Pendergraft to chime in on what investors can do where rates will be low for at least the next two years...
By now, you've no doubt heard that Standard & Poor's has downgraded the U.S. credit rating one notch. Let's first understand that this downgrade is more a political statement than a financial one. And it's not likely to affect U.S. Treasury yields much. I think we all agree that the...
Goldman Sachs says there is a 1 in 3 chance the U.S. will slip back into recession. Harvard economics professor Martin Feldstein from Harvard University is says it’s 50/50. At least one strategist is saying the U.S. economy is already in recession. Investors aren’t waiting around to see who’s...
The Wall Street Journal reported today that troubles in Japan aren't staying on the island nation. Instead, they're spreading throughout the world. From the Journal's article, "Global markets plunged as deepening worries over the specter of a nuclear power crisis in Japan in the wake...
The Bank of Japan pumped $183 billion in yen to try and contain the damage to the Japanese economy and stock market. It didn't work. The Nikkei dropped over 1,000 points in Tuesday trading, better than 10%. That's after a 5% drop Monday. That qualifies as a crash. And it's no "flash...