Banking - December 0 - page 01

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Banking

Central Banks: One Failed Attempt After Another

After a quiet summer in the markets, volatility finally picked up in both stocks and bonds. From early July through late August virtually no movement occurred in the Treasury market

Banking

How Deutsche Bank Could Take Down Germany

The first bad news broke following the third quarter of 2015. Deutsche Bank reported a loss of $7 billion. The news just keeps coming with low or negative earnings thanks

Banking

Forget Brexit! EU Has Much Worse Problems

The Dow dropped nearly 1,000 points (5%) and the London FTSE dropped 10% after the Brexit vote surprised the markets on June 23. After two days though, markets were marching

Banking

Europe Has a Bigger Problem Than Brexit

The Dow dropped nearly 1,000 points (5%) and the London FTSE dropped 10% after the Brexit vote surprised the markets on June 23. After two days though, markets are marching

Banking

Here’s an Idea – Let’s Make the Banks Responsible

It’s no secret I can’t stand most banks, particularly Bank of America. The institution is doing its best to get rid of any customer service that ever existed (fewer tellers,

Banking

How I Got Audited by the IRS and Won

A month ago I got a love letter from the IRS. Well, it didn’t exactly express emotion, but it definitely made clear they wanted to see me, and soon. I

Banking

Another Government Agency That Broke Free of Its Leash

Everybody likes to get money back from the government. Now there’s a new way to cash in on Uncle Sam. But like many government programs, this one has a few

Banking

Congress Is Proposing Taking Even More Money From Savers

The Fed’s latest solution to paying for an already-underfunded transportation system includes reducing the dividends it pays to banks, meaning that they can funnel this excess cash to the highway fund.

Banking

Enough Fed Interference – Time To Let The Economy Fix Itself

Rodney suggested on Monday that the Fed does a whole lot more harm than they do good… so what is the point of the Fed, anyway? It helps to look

Banking

Note to The Fed: Please Stop Helping Us!

Last week as I sat waiting for yet another statement release from a small, unelected group of people who exert incredible influence over the financial markets, there was one thing