The big news out of Europe this week was the announcement of a 50% write-down of Greek bonds held by European banks in another massive bailout of the embattled country. Problems with this approach began to surface quickly. The biggest and most challenging is the temporary injunction issued by the German Constitutional Court on October [...]
Category Archives: Economics
4 Signs of an Imminent Double Dip Recession
While optimism has been the name of the game over the last year; optimism regarding the stock market, housing market, employment market, and the economic recovery as a whole, that same optimism has begun to waver. As home sales plummet, the slightest bad news sends the stock market lower, and unemployment seems stuck near its [...]
Lies, Damn Lies, and Statistics
In this first column, I would like to touch on a statistical number that is grossly misrepresented in the pop media, how it should be interpreted, and how to apply a new understanding what it means to your personal finance planning.
