Wednesday, November 28, 2012

DailyMarkets.com - ‘Save My 401(k)’

DailyMarkets.com - ‘Save My 401(k)’

‘Save My 401(k)’

Posted: 28 Nov 2012 01:46 AM PST

No single topic has received as much traffic here at Sense on Cents as commentaries I have run over the last few years regarding the potential takeover of or infringement upon our personal retirement accounts by Uncle Sam.
Well, with the fiscal cliff staring us right in the face and Uncle Sam increasingly squeezed for that do-re-mi, the Old Man would seem to have his eyes right back on those retirement accounts. How so?
The American Society of Pension Professionals and Actuaries draws … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Nov 28, 2012: Brazil Set To End Year Of Interest Rate Cuts

Posted: 28 Nov 2012 01:34 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.)

Brazil set to end year of interest rate cuts (Reuters)
Fed’s Evans: To hike when jobless rate below 6.5% (Market Watch)
Credit rating firms in EU to face sovereign-debt limits (Bloomberg)
European … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Thailand Holds Rate As Downside Growth Risks Subside

Posted: 28 Nov 2012 01:23 AM PST

     Thailand’s central bank held its policy rate unchanged at 2.75 percent, as expected, saying downside risks to economic growth were starting to subside and inflationary pressures were in check.
     In a surprisingly upbeat statement, the Bank of Thailand said the country’s positive growth momentum was continuing and the impact of slow global growth “has so far remained limited only to export-related sectors, which the greater-than-expected strength in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: Despite Greek Bailout Agreement, Euro Turns Bearish

Posted: 28 Nov 2012 01:05 AM PST

Despite Greek Bailout Agreement, Euro Turns Bearish
The euro turned bearish against several of its main currency rivals yesterday, despite the announcement that an agreement between euro-zone finance ministers to provide Greece with a new round of bailout funds had been reached. Crude oil also took losses during mid-day trading, amid fears that demand in the US is falling. Today, the main piece of economic news is likely to be the US New Home Sales figure, set to be released at 15:00. In … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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