By Emma Rowley4:46PM BST 06 Jun 2012 Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s…
Tag Archive for Retirement Age
Latest Business Headlines
AIG Chief Sees Retirement Age as High as 80 After Crisis (Video) – Bloomberg
by Newswires • • 0 Comments
American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall…
Bruce Krasting, Contributors- Economic and Financial, Must Read
On Politics, Social Security and Spine
by Bruce Krasting • • 0 Comments
Assuming that no white knight (aka NJ Gov. Christie) enters the scene for the Republicans, this fall will be a race between Mitt & “O”. I’ve listened to them discuss their views on a hot button of mine, Social Security.
Not surprisingly, bo…
Bears Chat, Best of the Forums
Italy’s tenacious leader caught between EU demands and allies’ reluctance on pension reform
by Bears Chat at The Wall Street Examiner • • 0 Comments
Italy’s tenacious leader caught between EU demands and allies’ reluctance on pension reform
By Associated Press, Updated: Tuesday, October 25, 10:09 AM
MILAN — Pressure built on Italy’s embattled Premier Silvio Berlusconi as he struggled Tuesd…
Bears Chat, Best of the Forums
BB&T pushing HELOCs
by Bears Chat at The Wall Street Examiner • • 0 Comments
Suddenly BB&T is pushing 3.49% home equity loans? This is troubling on several levels.
1. I thought banks were under orders to reduce their real estate exposure. 2. Anyone who currently has actual equity in their “home” must have a)bought in the 199…
Bears Chat, Best of the Forums
More Expensive Mansions Entering Foreclosure
by a Wall Street Examiner • • 0 Comments
The most expensive house to be lost to foreclosure in the past three years in Jacksonville, Florida, for example, sold for $1.5 million Wednesday – $1.4 million below its county property appraised market value. The nine bedroom, 11 bathroom, 10,00…
Bears Chat, Best of the Forums
2/3rds of 55 – 64yr olds have a mortgage; median balance 85K
by a Wall Street Examiner • • 0 Comments
Link
Excerpts:
• Mortgage Debt. Nearly two in three people age 55 to 64 had a mortgage in 2007, with a median debt of $85,000.
• Social Security. Nearly 3 out of 4 people file to claim Social Security benefits as soon as they’re eligible at age …
Bears Chat, Best of the Forums
Mainstream Media – Middle Class Underfunding Retirement
by a Wall Street Examiner • • 0 Comments
I’m thinking that $29,000 should last about six months. I don’t think even $300,000 goes that far with 0% interest.
I hope that junior has saved his pennies so he can bail out Mom and Dad.
From MSNBC:
NEW YORK — The average American has saved les…
Bears Chat, Best of the Forums
UK Budget, Feels “Like an Amputation”
by a Wall Street Examiner •
UK Budget, Feels “Like an Amputation”
The UK took a chainsaw to its budget to the tune of roughly $120 billion. Unlike the US, the nation feels obliged to implement a few austerity measures that may lend some credibility to its AAA credit rating d…
