Juggling Dynamite

Jon Hilsenrath is the Wall Street Journal Senior Economics Correspondent and is alleged to have the inside scoop on Fed action plans. In this clip he explains that the Fed is likely to try further easing experiments given evidence of a renewed weakening in the US economy. He reviews some different ideas the Fed may undertake and points out that they could announce new measures as early as next week or the September meeting, but no matter what or when, the Fed is increasingly between a rock and a hard place, likely to disappoint both sides of the political aisle. Here is a direct link.

Danielle was a guest today with Phil Mackesy of Talk Digital Network discussing recent developments in the world economy and markets.  You can listen to an audio clip of the interview here.

For those that have an attention span longer than 30 seconds, this 30 minute discussion is worth watching. Former Reagan Budget Director David Stockman offers plain talk and valuable historical perspective on how and why the world arrived where we are today. He talks about the economy and where he sees it leading taxpayers, investors and savers in the near future. Here is a direct link.