Congress' answer to consumer protection: Make everybody a broker
Just last week, on April 25, Rep. Spencer Bachus (R-Ala.) and Rep. Carolyn McCarthy (D-N.Y.) introduced a bill that, according to the accompanying press release, would enhance consumer protection in light of the Bernie Madoff scandal and the 2008 market meltdown that took the U.S. economy to the brink of collapse.
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Resolutions: The candid ones your financial planner might want you to consider
Happy New Year! This is the time of year when we consider setting resolutions. The media love talking about resolutions because the subject is so easy to write about, since it’s often the same article every single year. We also often never stick to them because they’re so generic and really don’t inspire.
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Eurozone confusion
I recently spoke to the
Middleton Chamber of Commerce on the eurozone crisis. They gave me a generous six minutes to discuss the most complicated financial crisis I've analyzed in a long while. I can't even say hello in six minutes, but I gave it my best.
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QE2 ends at the end of the month
Some of you might be wondering: What does this mean? Or even “what is QE”? Some of you may know what QE is and feel it’s yet another negative in the world of capital markets. Some of you may simply not care. Either way, the end of QE2 is simply one of a laundry list of unknowns in the world that are influencing how we think about the future.
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