Saturday, 2 October 2010


Moneynews.com


Weekly Roundup From
The Financial Brain Trust


David Frazier: Quantitative Easing Won't Fix the Economy
Although I expect the Fed to increase its purchases of mortgage-backed securities during the next few months in an effort to stimulate the housing market, my research suggests that any purchases of government and government agency securities will fail to stimulate the overall economy . . . get the full story, click here.

Bob Wiedemer: They Know a Lot More Than They’re Saying
Listening to the Fed, you’d almost have thought somebody there had read "Aftershock," or at least part of it. The part that says we have a number of asset bubbles in stock, real estate, private credit and consumer spending . . . get the full story, click here.

Sean Hyman: More Easing to Help Emerging Market Currencies
Some people say that emerging markets are risky and that the U.S. dollar is safe (since it’s the world’s reserve currency). However, much of this is how it’s viewed and not how it is in reality . . . get the full story, click here.


Bill Spetrino: Do Your Homework Before Picking Your Financial Adviser
I explained last week the importance of picking the proper financial adviser. Three traits are crucial. It’s all about who you trust. He or she needs to be trusted to be honest and competent . . . get the full story, click here.

Ashish Advanti: Ghost Jobs and Other Government Figments
If you believe that the unemployment rate in the U.S. is about 9.6 percent (I believe it is much higher due to games played with that data as well), with 1.026 million jobs lost, imagine what the number would be without the fake 1.007 million jobs added due to a dubious birth/death rate model used by the Bureau of Labor Statistics . . . get the full story, click here.

David Skarica: Trade Penalties Against China Are a Waste of Time
The House passed a bill that enables the U.S. to seek penalties against China and other nations that manipulate their currencies lower to create a trade advantage. Someone should tell these politicians that in the past 40 years, the United States has been the biggest culprit of this . . . get the full story, click here.