Who is this Fed? And why is he always messing with my money?
In my last post we took a look at an interesting set of relationships that ultimately led to financial crisis. Each party (investors, homeowners, lenders, etc.) shares some portion of the blame. The system ultimately proved to be on an unstable foundation that crumbled when it came under duress. Where Do we Look For Help!?…
Personal Finance for Main St
When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?