Online Trading and Investing Journal

The Social Security trust fund is empty,” says economist Allen W. Smith, Ph.D. in a new book to be released August 1 by Ironwood Publications. “THE BIG LIE” chronicles the economic policies of the past 28 years, with special emphasis on the period between the presidential election of 2000 and the great economic collapse of […]

New hope for the economy just gave the stock market its best July in 20 years. Investors placed big bets over the last month that the profit machine at U.S. companies will continue to rev higher and that the longest recession since World War II is finally easing its grip.
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The dollar closed the week out lower as a report showed the decline in U.S. economic output was vastly improved in the second quarter.
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Days before a high-stakes trial with implications for bankers worldwide, the U.S. and Swiss governments said Friday they reached a hard-fought settlement in the U.S. effort to get names of thousands of wealthy Americans suspected of evading taxes by hiding billions of dollars with Swiss banking giant UBS AG.
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Funds that invest in real estate outperformed those in other industries in the past week.
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