The "equity cult" is dead, proclaims Citi's Robert Buckland, and it will mean trillions in outflows from stocks - a reduction in equity holdings to ~20% of total assets, implying a further $1.9T reduction in equity weightings from U.S. private sector pension funds alone. Brace yourself for "considerable institutional selling to come." - Fri, 03 Sep 2010
The "equity cult" is dead, proclaims Citi's Robert Buckland, and it will mean trillions in outflows from stocks - a reduction in equity holdings to ~20% of total assets, implying a further $1.9T reduction in equity weightings from U.S. private sector pension funds alone. Brace yourself for "considerable institutional selling to come." Post your comment!

On the hour: S&P +1.26%. 10-yr -0.46%. Euro flat vs. dollar. Crude -0.91% to $74.34. Gold -0.41% to $1248.20. - Fri, 03 Sep 2010
On the hour: S&P +1.26%. 10-yr -0.46%. Euro flat vs. dollar. Crude -0.91% to $74.34. Gold -0.41% to $1248.20. Post your comment!

The U.S. is headed for deflation, Peter Morici says, because of a weak economy, suffocating government restrictions and an overvalued currency. We should stand up to China, he says, by installing our own currency peg and making the dollar cheaper relative to the yuan. This would help trigger inflation in the U.S., but Obama is too "wimpy" to do it. - Fri, 03 Sep 2010
The U.S. is headed for deflation, Peter Morici says, because of a weak economy, suffocating government restrictions and an overvalued currency. We should stand up to China, he says, by installing our own currency peg and making the dollar cheaper relative to the yuan. This would help trigger inflation in the U.S., but Obama is too "wimpy" to do it. 3 comments!

It's misleading to suggest that only 3% of small businesses would be impacted by ending the Bush tax cuts, Kevin Hassett writes; 48% of the net income of sole proprietorships, partnerships and S corporations goes to households with incomes above $200K. "That's the number to look at, not the 3%," which counts everyone who makes a few bucks on eBay. - Fri, 03 Sep 2010
It's misleading to suggest that only 3% of small businesses would be impacted by ending the Bush tax cuts, Kevin Hassett writes; 48% of the net income of sole proprietorships, partnerships and S corporations goes to households with incomes above $200K. "That's the number to look at, not the 3%," which counts everyone who makes a few bucks on eBay. 5 comments!

On the hour: S&P +1.26%. 10-yr -0.46%. Euro flat vs. dollar. Crude -0.91% to $74.34. Gold -0.41% to $1248.20. - Fri, 03 Sep 2010
On the hour: S&P +1.26%. 10-yr -0.46%. Euro flat vs. dollar. Crude -0.91% to $74.34. Gold -0.41% to $1248.20. Post your comment!

Avoid These Loan Modification Mistakes - Sat, 26 Jun 2010
Many people believe they have little or no control over whether a lender approves their loan modification application? This might be partially right, but you can do everything in your power to present the paperwork Well, so you stand a bigger chance of getting the loan. There are many things you can do to speed up the process and increase your chances of getting a loan approved. Here are a few tips:

Ways to Invest In A Bear Market - Wed, 02 Jun 2010
Every day, the stock market seems to continue its precipitous drop towards worthlessness, crushing hopes, dreams, and investors in a flurry of dizzying price movements. Yet there is an answer; a light in the darkness, used by the masters of investment to generate excess returns even " no, scratch that, - especially in falling markets like this one.

Slow Down To Save A Gallon of Gas - Sat, 01 May 2010
Back during the Arab oil crisis of 1973, there was a lot of talk about how driving slower was one way to use less gasoline. The next year, the Nixon administration put a national 55-mile-per-hour speed-limit policy in place, and it is credited in part for the decline in gasoline consumption that decade. However, years [...]

Pros and Cons of Consolidation to Get Out of Debt - Tue, 23 Mar 2010
Many people choose to handle their debts through a process known as debt consolidation. The objective of consolidation is to turn many debts into a single one with a lower rate of interest. Consolidation is an excellent way for someone with a lot of high interest debt from credit cards, car loans, or other high-interest loans to save money in the long run, as well as improve their credit rating.

Stock Investing Risk Tolerance for Beginners - Fri, 05 Mar 2010
Risk tolerance is essential for beginner stock market investing. When you want to learn to invest in the stock market, you'll discover that each person has a risk tolerance that should be understood thoroughly. Any reliable and professional financial planner or stock broker must know this so he can help you determine your risk tolerance. Then, that professional needs to help you by recommending which investments don't exceed that risk level.