Are We Back To Pre GFC Levels?

Posted on Wednesday, October 23, 2013
With the strong growth in the US and Nasdaq share markets you would think that our market would also be hitting all time highs. Read the rest of entry »

2 Minutes On The US Debt Ceiling Crisis

Posted on Wednesday, October 16, 2013

The USA Government have borrowed so much money they owe $16.7 trillion.  Their Government spend more than they collect (budget deficit) which means this debt continues to grow.  Note this is globally not that uncommon as Governments fund roads, healthcare and education.

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What Is Success?

Posted on Wednesday, October 16, 2013

What Is Success?

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Update on the US Shutdown by BT Chief Economist Chris Caton

Posted on Wednesday, October 9, 2013
The US government shutdown has entered its second week. This is not as dire as it sounds. Firstly, only the 36% of Federal spending classified as “discretionary” is affected; Social Security payments, for example, continue to be made. Secondly, while there hasn’t been a shutdown since the halcyon days of Bill Clinton in 1996, before that they were quite a common occurrence. Read the rest of entry »