Tag Archive: U.S. economy

  1. The Markets

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    You really need to take predictions with a grain of salt. Consider these esteemed opinions: 

    • “I think there is a world market for maybe five computers.” Thomas Watson, Chairman, IBM, 1943
    • “Who wants to hear actors talk?” H. M. Warner, Founder, Warner Brothers, 1927
    • “Everything that can be invented has been invented.” Charles Duell, Commissioner, U.S. Office of Patents, 1899 

    It’s important to remember the fallibility of experts as we head toward a new year and pundits begin pontificating about the events of the past and predicting what may be ahead.

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  2. The Markets

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    Really?! 

    Okay. Okay. If you’ve been trekking through Siberia or Patagonia for about a year, then maybe it surprised you to hear the minutes from the Federal Reserve Open Market Committee meeting showed it expects to begin tapering Quantitative Easing (QE) in the coming months. 

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  3. The Markets

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    Like a host at a dinner party, the International Monetary Fund (IMF) put the performance of the U.S. economy on the table last week to be gnawed over by world markets. When the IMF presented its annual review of the world’s largest economy, it stated that: 

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  4. Market Update

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    Like a not-quite-dead villain in a horror film, the Eurozone crisis raised its ugly head again last week, scaring investors and causing many stock markets to close flat or slightly down for the week, according to Barron’s. Investors’ worries strengthened demand for Treasuries, pushing the yield on the benchmark 10-year bond lower.

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