For all the headlines to the Dow Jones Industrial Average’s new record, you’d think it was a big deal. But experts say it’s time to curb the enthusiasm.
Federal Reserve
What Happens When the Fed Really Does Run Out of Ammunition?
The Fed has no good choices. If easy money ends, the economy will slow even more. But continuing the policy risks inflation
Was It Something I Said? Fed Minutes Cause Markets to Slump
If you get the impression that the stock market is some sort of paranoid neurotic, overreacting to every little whispered rumor and half truth, you’re not alone.
Is the World on the Brink of a Currency War?
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.
Why Can’t This Economy Really Get Going?
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
Waiting for Change: The Battle Over the U.S. Penny
When was the last time you stopped to pick up a penny? Considering most of us consider the one-cent coin almost worthless these days, it’s probably been a while. Still, the U.S. penny persists
6 Reasons the Stock Market Could Do Surprisingly Well in 2013
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
The Great Housing Rebound of 2012: How the Fed Helped Sellers Beat the Odds
Without a doubt, the U.S. housing market has been the most successful sector of the economy this year, and Wednesday’s Case-Shiller home-price index report — which showed a fifth consecutive month of year-over-year increases in …
Do We Have Another Financial Bubble On Our Hands? Or Three?
Multiple debt markets are facing big trouble because of excessive borrowing and the Fed’s easy-money policies.
Why Yesterday’s Fed Announcement Is a Big Deal
The Federal Reserve is a famously inscrutable institution. Given their ability to move markets, Fed officials have long been in the habit of speaking in careful, jargon-laced language that is often constructed with the express …
Is The Housing Recovery Just an Illusion Created by the Federal Reserve?
It’s now conventional wisdom that the housing market — once the anchor that sank the American economy — is the ballast that’s keeping it afloat, however tenuously. The Case-Schiller index of home prices, released last week, …
Why the Fiscal Cliff is the Wrong Thing to Worry About
The resolution of the Fiscal Cliff will probably no solve much, while little attention is paid to the real economic problems.