Stocks Profile

Readers Question: There just seems to be many paradoxical actions taking place in markets and economies. To sum up my questions if we have; an increase in monetary supply, (as we do), Interest rates low and falling, certain commodities rising in price, certain commodities falling in price, a steady production of goods and a relatively steady velocity of money, and high unemployment.

What does it all mean?

For the past few years, we have been experiencing an unusual combination of circumstances where many ordinary rules of economics are not occurring.

Full post…

Hat tip to Kools for this one. We all knew this day would come (well, either this or an angry boyfriend would shoot him), but Tucker Max has finally thrown in the towel. After a decade of well-chronicled debauchery, he’s giving it all up because he…wants to get married and have kids?

Fuh…what???

It’s true. And to that end, he’s in therapy. Lots and lots of therapy. To work out…well…mommy issues. I have to admit that I’m a little disappointed.

Full post…

We all take for granted the convenience and security of using our credit cards within the United States. What is less certain is our ability to use our cards when traveling outside the country or overseas. While some novice travelers may have been under the impression that they can use their credit cards in foreign countries just like they would at home, more experienced travelers have discovered that there are some important issues with international credit card use that must be addressed before and during their trip.

First, credit card holders should always notify their banks in advance of any international travel.

Full post…

The amount of credit card debt racked up by Aussies has reached a record high of more than $50 billion, according to statistics released by the Reserve Bank of Australia today (January 12th).

Full post…