Latest News From The World
Yesterday, Greece received an agreement in principal to extend its existing bailout program for another four months from the institutions administering that program. I believe this deal is a good basis for further work down the line. But Greece has a lot of work ahead of it, if it is … Read entire story.
Source: Credit Writedowns
American consumers will have more buying power this holiday season. According to Morgan Stanley’s Ellen Zentner and Paula Campbell, US households have about $129 billion more discretionary income — money left over after tax payments, interest payments, and spending on necessities like food and transport — this year than last …
The National Association of Realtors said existing home sales increased 2.4 percent to an annual rate of 5.15 million units. Home resales have now increased for four straight months after the housing market recovery stalled in the second half of 2013 following a run-up in mortgage rates. In a separate report, the …
In choosing the right mix of ETFs, less is often more.