Remember when 2010 seemed so far away? We are almost five months into 2009, and before it seems possible, we will again be ringing in a New Year—and preparing for a new tax season.
April 07, 2009 1:34:38 PM
It seems like only yesterday the Bush tax cuts came into effect, although it was 2001. I think back to those days when we evaluated the impact of the new law:
March 18, 2009 1:49:07 PM
Many of you by now have no doubt heard something about relatively obscure investment vehicles called Credit Default Swaps and their role in the demise of the insurance jaugernaut AIG. In the past, I suspect that few had ever heard of these or, if they had, were not very familiar with them. Admitedly neither was I. To my surprise, I found that this obscure market had grown exponentially over the the past 10-plus years to roughly twice the size of the U.S. stock market. That certainly encourages some questions: What exactly is a Credit Default Swap and how did they become the center of attention in these turbulent financial times?
March 12, 2009 2:11:40 PM
“We’ve had an exceptional two decades, enabling Americans to indulge their self-indulgence: they've spent more of their incomes and saved less. Some commentators--including this one--have warned that this process must end, and with it the spectacular economic stimulus provided by the supercharged American consumer, because the outsize wealth gains can't continue indefinitely. Indeed, for stocks, that's already happened. Sooner or later, Americans seem bound to react to rising debt burdens and disappointing asset values by slowing their shopping. But in a country of passionate spenders, it's hard to know when the reckoning will occur or how damaging it will be.”
March 02, 2009 1:38:33 PM
With interest rates hovering at their lowest point since the Eisenhower administration, refinancing has been a recurring question for many homeowners. That said, obtaining a loan may not be easy, even for those with great credit and the necessary assets to back up the loan. Each situation requires careful consideration, as not everyone can qualify for a refinance in light of the foreclosure crisis and tight underwriting.