Central banks are buying record amounts of stocks

Low bond yields are leading central banks to buy higher risk assets such as equities to get higher returns.  This will further inflate the stock market bubble that these central banks are responsible for with their record monetary stimulus programs … [Read more...]

Federal Reserve Chairman isn’t concerned about inflation risks

Fed Chairman Ben Bernanke has told global policy makers that he sees no risk of inflation becoming a problem in the United States. "The Fed's preferred inflation measure is around 1.3 percent" This is problematic because the numbers used to … [Read more...]

Social Security Disability Insurance is discouraging people from working

There are currently 9 million former workers enrolled in the federal Social Security Disability Insurance (SSDI) program and 2.5 million of them are in their 20s, 30s and 40s.  This is part of the reason why the unemployment rate has gone down - less … [Read more...]

Freddie Mac Halts Eviction Lock-Outs Between December 17, 2012 and January 2, 2013

MCLEAN, Va., Dec. 3, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) today announced it is suspending evictions nationwide between December 17, 2012 and January 2, 2013 on foreclosed occupied single family homes, and 2-4 unit properties, that had … [Read more...]

CreditCards.com Provides ‘Fiscal Cliff’ Calculator

AUSTIN, Texas, Dec. 3, 2012 /PRNewswire/ -- How far would you personally fall off the "fiscal cliff"? A new, free online calculator from CreditCards.com provides the answer, helping readers estimate the impact that the expiration of federal tax … [Read more...]