Good Investment

Posts Tagged ‘consumer’

It was the bursting of the American subprime housing bubble that triggered the Global Financial Crisis, and while the US is slowly climbing out of its worse slowdown since the Great Depression, with house prices edging tentatively upwards with the recovery, unemployment in America is still stuck at close to 10 per cent and some of the country’s most credible economists are still refusing to rule out a slide back into recession. But while Australia these days is able to rely substantially on Asian markets, particularly China, to feed our ongoing resources boom, the fragility of America – and Europe, for that matter – are still capable of hurting the stronger economies. Yale University economist Robert Shiller is a perhaps America’s pre-eminent academic expert on fluctuations in both the housing and stock markets. He was the first to warn explicitly of the looming subprime disaster in 2005….. www.abc.net.au *

March 8 (Bloomberg) — Mark Luschini, chief investment strategist at Janney Montgomery Scott LLC, talks with Bloomberg’s Lori Rothman and Mark Crumpton about the outlook for the Standard & Poors 500 Index and his equity investment strategy. Equity mutual funds are burning through cash at the fastest rate in 18 years, leaving them with the smallest reserves since 2007 in a sign that gains for the S&P 500 Index may slow. (Source: Bloomberg)

bonds to real estate and collectibles. Tyson points readers towards investments that actually work and raises warning flags about strategies you should avoid. The book also considers whether starting and running your business can be a good investment option. If you’re looking for a good place to start building a secure financial future, this is it. Personal Finance for Dummies offers sound and practical advice for those who want to get control over their personal financial lives. Author …