Stock Markets The Big Easy Way: How the Federal Reserve Bank “Creates” Money

The Stock Markets The Big Easy Way series will help readers to simultaneously combat innumeracy and financial illiteracy! The first book in this series is entitled How the Federal Reserve Bank ‘Creates’ Money. This short ebook give readers a peek into the Federal Reserve Bank – aka the U.S. Central Bank. Why? Before delving into […]

Stock Market records after President Trump’s comments on Iran attack sparks ‘sigh of relief’ rally

Stocks rose on Wednesday after President Donald Trump spoke about an attack by Iran at an Iraqi airbase that hosts American troops which led to a massive sell-off in overnight trading.   President Trump said Iran appeared to be “standing down” after they attacked the Al Asad airbase. But the U. S. President added the U.S. […]

Wall Street Journal: Two Distressed-Asset Hedge Funds Bar Clients from Withdrawing Money

The Wall Street Journal reports that distressed-asset hedge-fund firms York Capital Management and Southpaw Asset Management are barring clients from getting back all of the money they have requested for year-end.    This is a sign of the pressure that investors in distressed assets are facing.    

Expensive underground doomsday-proof bunkers for the rich

The idea of post-apocalyptic prepping has become more and more alluring, especially for the super-rich who are fighting to get their hands on a luxurious nuclear bunker.  For years a number of countries have been attempting to meet a growing demand for survival bunkers that could protect the world’s elite from things like natural disasters, […]

Social Security benefits set for slight increase in 2020

Social Security beneficiaries can expect to see their paychecks rise at the start of the New Year. The Social Security Administration announced in October that benefits would increase by 1.6 percent in 2020. For a recipient earning $1,479, the average monthly benefit among all retired workers, checks will increase to about $1,503 per month.  


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