US Economy 2014

The direction of the economy has been really weak.  The economy has been growing at a pace of about half of what the historical average is – as the New Year approaches. This slow growth may keep the Federal Reserve “printing” money at just over $1 Trillion per year. Recently however, we are beginning to … Continue reading US Economy 2014

Should the Federal Reserve taper its bond buying program?

Since Quantitative Easing 3(QE3) started in September2012 the Federal Reserve  began purchasing 40 billion dollars worth of mortgage-backed securities a month. Four short  months later they started buying an additional $45 billion dollars worth of treasury bonds each month for a grand total of $85 billion a month.  The theory behind this plan is: the … Continue reading Should the Federal Reserve taper its bond buying program?