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Daily Archives: September 10, 2013
Bird’s eye view: taper off, recession on?
With the US 10 year yield flirting with 3% again today, US stocks are bouncing further as bonds sell off, apparently all on the belief that the economy is so weak, QE might not be tapered this month after all. … Continue reading
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When for-profit schools eat their students courtesy of federally funded loans
Young people today are desperately seeking places to train for productive careers. To do so, many pursue post-secondary degrees at all costs. And really who can blame them, its not as though there is a vast array of great jobs, … Continue reading
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5 years later: financial crisis cost the world many trillions…and counting
A new report from the Dallas Fed this week concludes that the 2008 financial crisis has cost just the US more than $6 trillion to date, and with ongoing costs continuing, could be closer to $14 trillion through its legacy … Continue reading
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