Archive | May, 2011

Deficit Pending

26 May

For years we’ve heard various political figures argue about the viability of “trickle-down” economics, going back and forth on whether or not growth at the top spurs corresponding growth at lower income levels. One thing that’s unfortunately not up for debate is a very different kind of trickle-down phenomenon: the creeping influence of the Federal [...]

Social (In)security?

26 May

The 2011 annual Social Security trustees report was released on May 13th, and unfortunately, the news was pretty grim. In 2010, for the first time, the program spent more on benefits than it took in from payroll taxes. That deficit–$49 billion–is just the beginning because this was not just a one-year phenomenon; far from it. [...]

Roller Coasting?

26 May

While the economic headlines have generally been positive over the last 6 months, I’m more than a little worried that that optimism is misguided. Hold on to your hats, because the roller coaster ride might not be over; there are plenty of reasons to think that the second half of the dreaded “double dip” recession [...]

Hot Commodities?

26 May

From precious metals to petroleum, commodities have been a hot…well…commodity lately. Touted by some as an antidote to marketplace volatility, prized by those who worry about the dollar being devalued as the world currency, and perceived by many investors as a more tangible investment than other financial instruments, commodities have been rewarding investors with strong [...]