Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”
Daily Archives: June 5, 2013
Despite surging prices for homes and equities, consumer spending is contracting, registering its biggest monthly decline since September 2009. Quite simply, the wealth effect is rendered moot by languishing incomes. No wonder yoy U.S. import growth has also plunged into … Continue reading
Germany is known as Europe’s stronghold, but Germany’s investment freeze calls into question its real economic strength and future growth prospects.
Bill Gross, PIMCO, says the Fed’s policies are part of the problem and not the solution. He says rates are so low you reduce the incentive among investors to take risk.Here is a direct link.
Danielle Park and INN Senior Editor Andrew Topf discuss macroeconomics and commodities. Park, author of Juggling Dynamite, believes it’s positive that commodities are moving down because it means a base is being established for a recovery in the business cycle. … Continue reading