Monthly Archives: May 2012

America is the bright spot in the world economy?

Posted on May 31, 2012 by

According to the second estimate of first quarter output, the American economy grew at a 1.9% annual pace in the first three months of 2012, down from 3.0% in the fourth quarter and less than the 2.2% growth initially estimated. … Continue reading →

Posted in Economic Trends, Uncategorized | Leave a comment

Consumer Confidence Goes Greek

Posted on May 30, 2012 by

U.S. consumers are feeling better or worse about the economy in May, depending on whom you ask. The Conference Board said Tuesday that its confidence index tumbled to 64.9 this month, the lowest level since January. The unexpected drop was … Continue reading →

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Let's indulge in American resentment

Posted on May 29, 2012 by

EVERY DAY IM SHUFFLIN’ Americans feel bad. The system failed them. They are pissed. Just for a moment, feel the anger. It feels good to close your eyes and think how America let you down. It is America’s fault that … Continue reading →

Posted in Americans' Confidence in the Economy, Marriage Trends, Uncategorized | 1 Comment

Athens make Berlin whole,euro-serious?

Posted on May 26, 2012 by

“If Greece unilaterally rejects the bailout deal it will be isolated for years … It will have no food, no drugs, no fuel. It will have to live with permanent power cuts”. “If Greece stays, it would mean new wage … Continue reading →

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Consumer confidence at four year high

Posted on May 25, 2012 by

NOTWITHSTANDING THE EURO-FATIGUE, AMERICAN’S WILL SLOG THROUGH The U.S. Consumer Confidence Index (CCI) is an indicator designed to measure consumer confidence, which is defined as the degree of optimism on the state of the economy that consumers are expressing through … Continue reading →

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2008 all over again? Nope.

Posted on May 24, 2012 by

When it comes to the fear of another recession, Americans are visibly shaken. The last few weeks of Euro-news wiped out six months of American hope. “We are seeing slower growth globally, including China,” said Sam Bullard, senior economist at … Continue reading →

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The Impotential of America's Economy

Posted on May 24, 2012 by

YOU WILL OFTEN HAVE TO ACT WHEN THE FOG OF UNCERTAINTY IS HEAVY Americans are distraught again. Just when they thought brisk growth would quickly return the economy to its long-term potential, sluggish growth reared its ugly head and persistently … Continue reading →

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Is the worst over for homeowners?

Posted on May 23, 2012 by

Data released Tuesday shows that existing-home sales increased 3.4% in April from a month earlier and 10% from a year ago, with market conditions improving in many parts of the country. The National Association of Realtors said Tuesday that existing … Continue reading →

Posted in Real Estate Trends, Uncategorized | Leave a comment

Remarriage offsets the negative impact of divorce- cohabitating does not

Posted on May 21, 2012 by

Divorce is horrid. But getting married- again, usually eliminates the long-term consequences of divorce. According to a white paper by the National Institute on Aging economic well-being in later life is linked to marital status— married older couples have higher … Continue reading →

Posted in Divorce Trends, How Divorce Affects Children, Long Term Consequences of Divorce, Uncategorized | Leave a comment

Court orders adult children visitation schedule for elderly parent

Posted on May 19, 2012 by

Three “children” ages 55, 57 and 60 have a 90 year old dad and 87 year old mom. The 60 year old lives with mom and dad and is their caretaker. Mom gives the 60 year old 100 dollars for … Continue reading →

Posted in Divorce In Your Retirement Years, Uncategorized | 2 Comments