by Laura Ehrenberg-Chesler
on July 15, 2010
in Economic Indicators
Wednesday July 14th, the Federal Reserve updated their economic outlook. Their opinion, based on the data at hand, is that we will not see normal economic growth for 5-6 years.
Some members are concerned about deflation, while most see subdued inflation for the forseeable future. The main culprits for this less than exciting outlook are the lackluster [...]
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by Marilou Long
on July 13, 2010
in Credit Crisis
One of the key lessons learned during the bear market of 2000-2002 was humility, and this lesson helped get us though the recent financial crisis and market meltdown. However, it is also possible to be confident when you are humble. When I read this definition of hubris on Wikipedia, I keep thinking about our current leadership in Washington and [...]
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