With all of this talk of a recession, a flat lined economy and a bust real estate market, notwithstanding the pending sequester budget cuts and major U.S. cities like Detroit filing for bankruptcy protection, the U.S. economy is not nearly as hard hit as one might imagine. Paramount to this …
Read More »D.C. Braces for Post-Sequester Fallout
D.C., Virginia and Maryland are more frustrated by the sequester budget cuts than Detroit is, rest assured. That’s because these three states combined earn 10 percent of their economy from defense spending annually. This is according to a late February report by Mark Vitner and Michael Brown, both Wells Fargo …
Read More »Pres. Obama to Congress: $2 Billion Needed to Wean U.S. Off Foreign Oil
President Obama recently requested $2 billion from congress to fund the pursuit of technologies that could free the U.S. from the stranglehold of foreign oil. In his most recent energy proposal, dubbed “Energy Security Trust,” the president proposed that we fund this program from royalties from gas and oil drilling …
Read More »Joe Garza, Lawyer in Dallas, Opens Home to Host U.S. Foundation for Liberty Event
The U.S. Foundation for Liberty, an organization that educates Americans on the horrors and atrocities that are being committed by Iran against her people, hosted an event in Dallas recently to bring awareness to this region of the country. Prominent Dallas attorney, was pleased to open his home up to …
Read More »Dow Jones About to Break All-Time High; Worries of China Slowing Stock’s Climb
Mark Luschini, chief investment strategist at Janney Montgomery Scott, had some wonderful news to deliver this Monday morning as investors eagerly watched the index and monitored their gains and losses, in lieu of a virtually record breaking day in the stock market. “The Dow is what gets all the news …
Read More »What Recession? U.S. Household Worth Rose $1.7 Trillion in ’12
While naysayers would still claim we are in the throes of a lasting recession, one that’s been offset again by the recent federal budget cuts, and while some might argue that we are not out of the thick just yet, the facts paint a rather different, prettier picture. For example, …
Read More »What Bad Economy? ADP Shows 198k Jobs Added in ’12
The Roseland, New Jersey-based ADP Research Institute today unveiled its numbers for total job gains in the nation for last year, and they actually look pretty good. According to ADP, more than 198,000 were added in 2012 in the U.S. In conjunction with that report, a recent report that was …
Read More »Up-Down Shuffle: Dow Jones Peaks on Good Economic News
Welcome to the American economic outlook, where if you can do the one-two shuffle, you are going to be one fabulous dancer. And today was just such a day for such astounding rebounds, which make one think that there have to be some NBA stars hitting hoops in the Dow …
Read More »As Budget Cuts Take Effect: Detroit Declares Fiscal Emergency
Michigan Governor Rick Snyder today declared what was ultimately the inevitable: Detroit is in a state of fiscal emergency due to the sweeping federal budget cuts that took effect after congress and the White House failed to amend them before today’s deadline. It set the stage for what could potentially …
Read More »Bernanke to U.S.: Don’t expect a 6% unemployment rate for at least 3 years
If you are expecting our healthy trend of the economic recovery to continue tit for tat on this spat of regeneration, hold on to your horses. While the recovery is speeding along at a very rapid pace – all things considered, the housing fallout was the worst since the Great …
Read More »Can Lawmakers Compromise in Time to Avoid $85 Billion in Budget Cuts?
With the budget gavel upended and ready to be banged on down to officially stamp the 2013 budget, President Obama is asking that congress help him with just a “just a little bit of compromise.” The reason being is that the president and congress are facing sweeping budgets that will …
Read More »Stay Ahead of the Curve by Being in the Know with Invest-Smart.org
As we gallantly wrap up another awesome week over here at Invest-Smart.org, we are pleased to launch our first official YouTube teaser video. Our goal is to bring you smart financial news and helpful articles that can empower you to succeed, no matter what path life takes you down. Our …
Read More »The Future of Forex Trading Goes Social
The future of Forex trading is going social. That’s a fact, Jack. Now wait a tick – you are probably telling yourself – how can this be so? I mean, aren’t sites like Etrade social? Well, not really. They are visual. They are fabulous online trading platforms. But they are …
Read More »Buffet/Gates’ Giving Pledge Attracts Celebrity Foreign Billionaires
When you are as wealthy as Bill Gates, Warren Buffet or Richard Branson, you know that you can’t take it all with you. Considering that these three multi-billionaires have amassed more wealth than many third world countries are worth, it’s naturally fitting that they are all share something else in …
Read More »Four Reasons to Consider Asset Protection Strategies
If you have something that you’ve worked your entire life to obtain and maintain, don’t be all that surprised when there are plenty of hungry wolves who desire to take it all away from you. The greatest mistake that a person who has accumulated wealth can make is in not …
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