American Recovery and Reinvestment act

Weeks after Congress was able to pass a last-minute proposal to raise the debt ceiling, the Congressional Budget Office projects a $1.3 trillion budget deficit for 2011. This is the third largest budget deficit in 65 years. (Via the Washington Post.) According to the CBO report, the $1.3 trillion...

iPath U.S. Treasury 10-year Bull ETN (NYSE: DTYL) is up nearly 30% year to date. The investment seeks to replicate the performance of the Barclays Capital 10-Year U.S. Treasury Futures Targeted Exposure index, which is designed to increase in response to a decrease in 10-year Treasury note yields...

First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...

Larry Summers is worried. On Sunday, the former Treasury Secretary and Obama administration aide warned that the United States was at risk of entering a Japanese-style lost decade. Summers believes there is a way out: cutting payroll taxes, Reuters reported. Cutting payroll taxes might boost the...

Over the last six months, I’ve seen numerous marketing packets (mostly from law firms) advertising professional expertise to help owners/developers of real estate to get financing through ARRA bonds.  Curiously, in spite of all this marketing, I have yet to hear of a private...