In the decade since the severe credit crisis of 2008, the Federal Reserve Bank has pumped over three trillion dollars of liquidity into the markets by purchasing Treasuries, mortgage bonds and other assets. The Fed has also kept interest rates relatively low, despite its recent short-term rate hikes and its initial efforts to gradually shrink … Continued
With another year in the history books and equity markets off to a strong start in 2017, we can’t help but reflect on the Federal Reserve’s role in this elongated period of appreciation in the stock market. Recently, the improvement in the economic outlook has resulted in the Fed initiating a tightening cycle which has … Continued
Use it up, wear it out… make it do, or do without. This old New England proverb is generally good financial advice, especially with big commitments like vehicles. Thus owning an affordable car is usually good practice over the long run. But car leasing has come a long way – due to improvements in residual … Continued