U.S. Markets Tip Tapering On September 2013 Fed Move, The Potential Impact On Emerging Markets, Europe?

Traders Indecisive As NASDAQ Halts Trading, Jobless Claims & Housing Starts Down: Fed tapering will have an impact on world markets and the U.S. housing industry. ¬†Economic data for the week ended August 23 mainly, initial jobless claims and new home sales data was below expectations. Jobless claims for August 15, 2013 came in at[…]

Larry Summers takes Fall Break

Larry Summers Resigns as President Obama’s 2010 National Economic Council Director. Larry Summers has announced that he will be leaving the President Obama’s economic team.¬† Larry Summers is going back to Harvard and President Obama’s economic advisory staff is extremely lean at the moment.¬† Can Obama make an economic comeback? Will the next economic adviser[…]