Monday, October 27, 2014

General Economics

Wall Street Journal | IMF Forced to Raise Key Lending Rate to Protect Lender Nations
The International Monetary Fund has been facing a perverse scenario: Key interest rates slipping into negative territory could have forced its member nations to pay interest for the privilege of bailing out other nations.
Market Watch | 3 reasons why you should expect a 30% market meltdown
In a commentary for Marketwatch just over two months ago, I predicted that the U.S. stock faced at least a 20% correction. The signals now point to a 30% downturn.
Market Watch | Economy on track for best growth in nine years
Global growth is sputtering again. Most Americans remain pessimistic five years after the end of the Great Recession. And the deadly Ebola virus is adding fresh uncertainty.

Econ Comments & Analysis                                                                                            
Wall Street Journal | Bad Stock-Market Timing Fueled Wealth Disparity
Millions of Americans inadvertently made a classic investment mistake that contributed to today’s widening economic inequality: They bought high and sold low.