Fed Rate and Bank Reserve Change, Might be Smart
First, as long as lending requirements remain the same, every loan will be closed with a cash deposit, which alleviates some of the problem of making more cash available through Fed Funds.
First, as long as lending requirements remain the same, every loan will be closed with a cash deposit, which alleviates some of the problem of making more cash available through Fed Funds.
Business and practice owners need to consider the most important thing for the continuing development of their business. Customer service, sales and marketing, product and service development, and productivity are all a constant but their effectiveness is not. In the wrong political environment these constants are negatively impacted by slow…
It’s the 1930’s gold grab all over again, maybe. Sure feels like it, looks like it, walks and talks like it. Today the Fed is suing banks over mortgage drivel. Drivel because the Fed helped cause it, and drivel because their only remaining point of first bailing them out and…
In obvious retaliation for downgrading the US, the Department of Justice has decided to put together an investigation to hunt for a witch called Mortgage Ratings! If this doesn’t make you laugh, you may need a clue! Yes, it isn’t funny in one sense but it’s still laughable. Do we need…
The job report today came in at +117,000, creating an unemployment number of 9.1% vs. last reported 9.2%. The error margin is +/- 100,000. This means that the number is statistically irrelevant. Yet our news media and low-level talking heads in the financial industry choose to play it up as…
No doubt Japan has suffered a tragic loss of life and property, and the risk of nuclear radiation is real. The problem here is the apparent panic sell-off which is already out of proportion with reality and more in proportion to a real war. What’s pushing this negative market activity? …
The NYSE was sold out yesterday to the German Boerse exchange in a merger deal. A major icon of our American ingenuity and capitalist structure has truly been sold out to a foreign entity. Even if they try to say Americans still have an interest in it, it’s like you…
Our business owners and entrepreneurs need to do all they can to make sure our representatives support small business because how else will jobs increase, demand increase, the economy increase?
SMIDs offer the best way for Americans to fight against socialism. There is no doubt whatsoever that this country has voted in a very socialist congress and president.