The Federal Reserve
Economy’s recovery is not normalPosted by RJ and Makay on Apr 05, 2012 |
>> Read More RJ & Makay Blog Posts
While recent economic data has pointed to a firming economy on some fronts, studies by the International Monetary Fund show that recoveries from recessions characterized by severe financial crisis are different from recoveries out of more normal recessions. Aftermaths of financial crisis typically have more prolonged periods of high unemployment and depressed housing prices.
Investors trust advisors, not WashingtonPosted by RJ and Makay on Feb 08, 2012 |
>> Read More RJ & Makay Blog Posts
82% of investors trust their financial advisor and only a small percentage of investors trust Washington policymakers, according to a John Hancock Financial Services survey. A poll of 1,001 investors revealed that only 30% of survey recipients trust Federal Reserve head Ben Bernanke, and only 28% trust president Obama on economic matters.
U.S. regulators announce ‘Too Big to Fail’ criteria for non-bank firmsPosted by RJ and Makay on Oct 12, 2011 |
>> Read More RJ & Makay Blog Posts
U.S. regulators have proposed a $50 billion asset level as the threshold for non-bank firms such as insurance companies, mutual funds and other big financial institutions to qualify as systematically important financial institutions (SIFIs) and come under additional regulatory scrutiny. This is the same asset threshold that large banks face from Dodd-Frank ‘Too Big to Fail’ legislation.
“I can't change the direction of the wind, but I can adjust my sails to always reach my destination.”
Jimmy Dean
