Archive for November, 2013


AMA 69 – Stock Trader's Almanac with Jeffrey Hirsch

[iframe style=”border:none” src=”http://html5-player.libsyn.com/embed/episode/id/2550164/height/100/width/480/thumbnail/no/theme/standard” height=”100″ width=”480″ scrolling=”no” allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen] Jeffrey Hirsch is President of The Stock Trader’s Almanac, Chief Market Strategist of Magnet Æ Fund, and President of the Hirsch Organization. He’s the author of “The Little Book of Stock Market Cycles” and “Stock Trader’s Almanac 2014. Hirsch tells us if we can […]

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A QE Architect Tells All – And It’s Not Pretty

The Federal Reserve has spent over $4 trillion buying up mortgage-backed securities in it much-publicized Quantitative Easing plan to boost the economy. But, according to a new op-ed confessional by a former QE architect, the main beneficiaries have been the big banks of Wall Street. In a recent piece for the Wall Street Journal, former […]

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Do Bank Fraud Settlements Help Customers?

Another day, another bank fraud settlement. This time it’s Bank of America again, as the US Justice Department seeks damages to the tune of nearly $864 million in an October 23, 2013 verdict involving the “Hustle” – a loan trick practiced by its subsidiary Counrywide. Banks are paying up big in these cases – but […]

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VA Loans Open investing Opportunities

In various forms, the Veterans Administration loan has been around for decades, helping military personnel launch new lives4 after leaving active duty. These loans allow veterans to go back to school, start new lives and buy homes – assistance that benefits not only individual lives, but also the economy at large. Now, a little known […]

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Economic Turmoil Creates Reluctant Landlords

Economic downturns and life’s unexpected twists and turns are forcing homeowners across the country to become reluctant landlords. As home prices continue to sag in some markets and a cool job market sends workers in search of employment in other areas, truing the family home into a rental may become the only option. But in […]

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Is the Gold Standard Becoming Obsolete?

After months in free fall, the price of gold is expected to rise in 2014, and changing conditions both in the US and around the globe are fueling an increase in gold investments. But as the prices of this precious metal swing up and down – in recent times, mostly down – some market watchers […]

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Can Digital Currencies Stay Free?

Though they’ve been largely ignored by the media, alternative digital currencies such as the Bitcoin have quietly been making inroads into financial realms once controlled by mainstream institutions and the government. With no fees, no central issuing authority and virtually complete anonymity for users, these alt-currencies represent a major challenge to the usual way of […]

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Are Vampires Draining the Housing Recovery?

Hollywood may be making headlines with tales of vampires and zombies, but these bloodsuckers and walking dead are also stalking the housing recovery. According to a new RaltyTrac report, these aptly named unsellable foreclosures are keeping bank inventories high and threatening to stall a recovery that ripples throughout the entire economy. We’ve reported here previously […]

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Fannie Mae Sues US and Foreign Banks

Bank fraud goes international once again in a new lawsuit filed by mortgage megalender Fannie Mae. Joining the long line of lawsuits filed against the nation’s major banks by the US Department of Justice and various state attorneys general, the new action by Fannie Mae targets both domestic and foreign lending institutions and exposes more […]

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