So the stress test results were released early and only 4 banks “failed” the test: Citibank, SunTrust, Ally Financial, and MetLife. This was great news since these banks are not considered in danger at all and many of the passing banks will actually start…
It looks like the Fed will release the results of the stress test this week after all. That is fantastic news and taxpayers everywhere should be happy. As you know, this makes me very happy. What…
I was over on WSJ.com and checking out some of the top headlines when one caught my eye. The first paragraph of the article was this:
Some very large banks are clashing with the Federal Reserve over how much detail the central bank…
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Here are the 10 essential steps to for financial advisors to follow to stay compliant when getting into social media marketing.
There has been a debate for years going on about how financial firms can utilize social media to their advantage while following the guidelines laid down by the various financial regulatory bodies. The rules, as they were originally written, have been a tremendous hinderance…
The Fed minutes apparently reveal that they are contemplating loosening monetary policy if the unemployment rate doesn’t turn around and inflation isn’t kept stable.
What more can they possibly do? The interest rates are still at record lows, they just completed their second round of…
The June job report was awful. Only 18,000 jobs were created during the month (the fewest in 9 months) which was way off expectations and continued a trend of a relatively dismal spring for the economy. The recovery is not going as smoothly as…
The New Deal. The Marshall Plan. The Interstate Highway System. America has a long history of putting its mind to something and not stopping until that goal is reached. These events listed are a…
The cost of the Iraq/Afghanistan Wars are approaching $1.2 trillion. That is an absolutely incredible amount of money and now seems a good time to reflect on it shortly after reaching our goal of catching America’s Most Wanted terrorist,…
So the U.S. just hit the debt ceiling but what does this mean? The debt ceiling is the level of borrowing the government can do as allowed by Congress which currently sits…
