Economy

What’s Ahead for the US economy in the Next 4 years (2017 to 2020)

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What a whirlwind the United States Presidential Election was! It sparked record interest in the Presidential Debates and polls predicted the highest turnout rate of voters in the history of our Presidential Elections.  Trump was the third Presidential candidate in US history to win the election after losing the vote in his own home state […]

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2017 and 2018 Trump Economic Stimulus, Tax Breaks and Credits for Individuals, Corporations and Investors

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With Donald J. Trump now in line to be America’s 45th president (still feels surreal to write that) many are now asking if can bring around the economic change he has promised while on the campaign trail. A lot of people voted for him as a change agent and from an economic point of view are […]

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3 Years of Economic Growth – Are You Feeling The Prosperity?

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The chart below shows that the American economy, based on the latest GDP data, has been growing consistently higher for the last three years. Coupled with the stock market reaching new highs one may argue that America has found its groove again and that we are back on the yellow brick road to prosperity. Sadly, […]

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Why Rising Rates Will Boost Rather Than Lower Home Prices and Purchases

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Thanks to recent announcements by the Federal Reserve around cutting back on quantitative easing (QE) stimulus measures interest rates have been rising, with the forecast for even higher rates by year end. Based on data from Quicken, America’s #1 Online Lender, rates have been rising consistently of late with the 30-year fixed rate averaging over 4.1%. That’s up […]

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People Only Really Care About Their Personal Economy and Not The National Economy When it Comes To Voting

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In a presidential campaign, you hear lots of rhetoric on the how bad the economy is (Republican viewpoint) or how things are much better than in 2008, when we were at the depths of the recession and had a different president (Democrat viewpoint). On a monthly basis, media outlets publish key economic statistics like the […]

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QE3 Announced and What It Means For You

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[Update – Fed Undertakes QE3] The Federal Reserve has confirmed market expectations of a new round of quantitative easing, known as QE3. The new round of easing will be done by expanding its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month. The focus, as discussed in the update […]

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2012 Payroll Tax Credit and Unemployment Insurance Benefits Extension

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[Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday through the end of the year without demanding spending cuts to pay for it. This was a concession aimed at averting another repeat of their […]

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US Real GDP By State and Per Capita Income Comparison

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The US Bureau of Economic Analysis has released the 2010 Gross Domestic Product (GDP) figures which showed a 2.6% average increase across the nation. As the graphic below shows 48 states and Washington DC experienced real GDP growth, led by the eastern seaboard states. Texas, North Dakota and Oregon were other states which had the […]

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Selling Your Gold For Cash – How, Where and Beware

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With gold prices rolling past record highs on a regular basis, a number market pundits feel that we are entering a gold bubble.  Like the housing and financial bubbles many have gotten swept away with the lure of easy money, only to coming crashing to earth when the bubble pops. So if you have golden […]

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Carnival of Personal Finance #298 – The Best Money Articles Online

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Its been a while since I hosted the CoPF and I was pleasantly surprised to see many new faces in the personal finance blogging space along with some of my old favorites. It was especially interesting to see some of the newer blogs out there because it reminded me of my journey in building Saving […]

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