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Daily Archives: November 14, 2013
Not so common sense for the week of Nov 15 2013
This week’s segment: Signing bonuses to brokers–the industry’s dirty (big) secret The secular bear in stock markets since 2000 has brought disappointing returns and a trend of consolidation among financial advisory firms. Many brokers and advisers have been moving from … Continue reading
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QE foiled: asset bubbles not boosting consumer spending
Bloomberg’s Scarlet Fu displays the divergence between household wealth in the United States and the level of real spending.Here is a direct video link.
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Former Fed official: ” we knew QE wasn’t working in 2010, we should have stopped”
Andrew Huszar, a senior fellow at Rutgers Business School and former official at the Federal Reserve Bank of New York, talks about the Fed’s policy of quantitative easing and his role in the first phase of the program. Here is … Continue reading
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