Wayne Ellis
Fed Won’t Fold on Stimulus
The Fed once again should confirm what most investors already know by now, that its $85 billion-a-month bond-buying spree will continue unabated.
Waving Bye-Bye to $47.2 Billion in Bond Purchases; 75% of American Families Living Paycheck to Paycheck; Golden Dominos Continue to Fall
It all began a little more than a month ago today, when the minutes of the May 22 Federal Reserve meeting were made public.
Apple Set to Make Beautiful Music; Obama Administration Marches to the Same Economic Tune; Get Ready for the Run on Hyperbole in London
This week, Apple launches its second-biggest initiative ever in the music industry.
When Diplomacy Breaks Down; Say Hello to the 21st Century Tennessee Valley Authority; Japan Considering Time-Travel to Strengthen Market Position
Representatives from both China and the European Union (EU) remained at loggerheads during the weekend as neither side appeared ready to budge on the issue of solar panel sales.
Words of Wisdom from Wayne: Bank of Japan Goes on Offensive; Spain’s Princess Cristina Suspected of Fraud
Bank of Japan (BOJ) reps resurfaced this morning, signaling the end of the country’s two-day policy meeting and, indirectly, its grip on the Japanese economy.
Words of Wisdom from Wayne: Americans Regaining Confidence in Homes and Market But Not Economy
Results of the most recent CNBC All-American Economic Survey indicate that 33 percent of Americans expect their home values to rise in the next year. That optimism marks a 9 percent increase over this time last year.