Category: Finance

A Rescue Plan for the U.S. Economy

Money Morning Executive Editor William Patalon III, Fitz-Gerald took the time to outline that eight-point rescue plan for the U.S. economy. In that plan, the changes Fitz-Gerald calls for include:
• Cuts in federal spending.
• Pension reforms at all levels.
• A halt to weak-dollar policies.
• And a realization by Washington that it’s time to take China much more seriously.
In Part I of this interview, which appeared yesterday (Thursday), Fitz-Gerald assessed the health of the U.S. and global economies, provided his outlook for the U.S. stock market and for commodity prices, and even offered an investment strategy for 2011.

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5 Numbers That Should Scare Facebook Investors

The fact of the matter of the matter is that Facebook shares will almost certainly disappoint investors who participate in the IPO, because the prices being bandied about simply don’t reflect the numerous risks that are also part and parcel of the business. Here are five numbers that highlight some of those significant risks:

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Foreign Currency Brokers Come Under Fire

ompanies that allow home investors to trade foreign currencies are coming under fire as regulators consider whether to put more rules on the fast-growing but risky market.

Currency brokers allow ordinary Americans to speculate on the value of dollars, euros and yen, and have grown revenue 374% since 2007, drawing in 615,000 American traders, according to the Aite Group consulting firm.

The most intense recent criticism of these brokers came from a hedge fund manager who researches and invests in companies that cater to home investors.

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