September 2007

The Case For an Economic Depression

by Justin Weinger on September 21, 2007

ShareTweet The more I think of it, the more I can’t help but believe that we’re on the verge of an economic collapse on par with The Great Depression. The American economy is built on a house of cards. Consumer spending makes up two-thirds of our GDP, which means we’re not a productive country, like […]

Share

Helicopter Ben Shocks the Markets and Proves Me Wrong

by Justin Weinger on September 18, 2007

ShareTweet So much for the Federal Reserve holding steady and keeping the federal funds rate at 5.25% for another month. As I’m sure you’re well aware by now, Ben Bernanke and the Federal Open Market Committee today announced that they had lowered the federal funds rate by 50 basis points (most economists expected a 25 […]

Share

Wake Up! The Fed Is Not Going to Cut Rates

by Justin Weinger on September 14, 2007

ShareTweet On September 18, the Federal Reserve is going to take the unpopular stance and will announce that they have decided to leave the federal funds rate at 5.25%, where it has been for over a year. It’s going to shock Wall Street – who apparently believes it’s a foregone conclusion that the Fed will […]

Share