7/1/2013 Weekly Update
Eric Hagen Eric Hagen

7/1/2013 Weekly Update

Q1 GDP revised significantly downward, great real estate numbers, solid week & quarter for equity markets

Read More
Understanding the Markets

Understanding the Markets

If you stopped most people on the street, you’ll find they have only a hazy understanding of what most financial and economic terms signify or reference. If you’ve ever been left dizzy by the jargon of the financial world, here is a brief article that may help clarify some of the arcana.

Read More
6/24/2013 Weekly Update
Eric Hagen Eric Hagen

6/24/2013 Weekly Update

Last Wednesday, Federal Reserve Chairman Ben Bernanke shared the central bank’s vision for winding down its current aggressive easing effort – the potential tapering of QE3 by late 2013, and the end of the program by mid-2014 if economic conditions permit. Wall Street reacted abruptly – the Dow sank more than 550 points in less than two trading sessions. In the near term, the Fed will keep buying $85 billion in bonds per month and maintain interest rates at near-zero levels.

Read More
6/17 Weekly Update
Eric Hagen Eric Hagen

6/17 Weekly Update

Economic headlines & outlook as well as weekly financial tip, quote & riddle - see if you can figure it out...

Read More
Eric Hagen Eric Hagen

When Will the Easing End?

In its May 1 policy announcement, the Federal Reserve reaffirmed its commitment to its current stimulus campaign, or QE3 – its monthly purchase of $85 billion in bonds.

QE3 has undeniably boosted the stock market and assisted the real estate recovery. Yet at some point, the Fed will decide to let the economy stand on its own and stop its aggressive easing of monetary policy. Wall Street is beginning to wonder how and when that will occur.

Read More