Is Austerity Ushering in a Global Recession?

Robert Reich, former Secretary of Labor under President Bill Clinton and current Professor of Public Policy at the University of California, Berkeley recently penned and article in the Huffington Post suggesting that proposed austerity measures by US and foreign governments will do much more harm than good and will likely prolong our current world economic  Read more ➝

After the Correction

During periods of extreme stock market volatility it is sometimes hard to remember that often times with the volatility comes very good opportunities.  Mark Fredenburg, CFA, Senior Investment Manager and Mark Litzerman, CFA, Manager, Equity Research, both with Wells Fargo Wealth Management, recently posted a very compelling white paper suggesting that the current equity markets  Read more ➝

When a credit downgrade is good

<CNN reporter Colleen McEdwards recently posted a phenomenal article about her experience with downgrades of soverign debt.  I have provided an excerpt from her article below but I encourage you to read the full article by clicking the photo to the right. From CNN Business blog, by Colleen McEdwards Without doubt, Standard & Poor’s downgrade of  Read more ➝

Unprecedented Fed to the Rescue

Mohamed A. El-Erian, PIMCO’s CEO published an interesting article on the US Federal Reserve’s recent announcement to hold rates at current levels for the next two years–an unprecedented move.  To view the entire article, please click the PIMCO logo above.