calculatedriskblog.com - 29 days ago
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From CNBC: Boomers in Denial About Retirement Savings Wells Fargo just released the results of its Retirement Fitness survey and looked hard at the investment habits of pre-retirees ages 50 to 59. What did they find? “There is a sense of denial among the pre-retirees,” said Lynne Ford, head of ...
August 3 2009: Non-denial denial: Higher taxes
hf-implode.com 8/3/2009 — "At the end of it all, the notion of the second stimulus was planted in the nation’s consciousness, and that was the goal. When, likely in a few months’ time, the topic resurfaces, there will be a recognition factor that will make it go down much more easily. It's how you sell stuff, and how you ...
So Long, and Thanks For All the Savings
paul.kedrosky.com 10/1/2009 — So much for that brief U.S. dalliance with a higher savings rate. The latest BEA data shows that August personal savings rate in the U.S. fell to 3.0%. Here is a Bloomberg chart putting it all in context. To be somewhat more serious, and as the ...
Wells Fargo Drops After Bove Questions Profit
dealbook.blogs.nytimes.com 10/21/2009 — Shares of Wells Fargo fell 5.1 percent after Richard X. Bove, the outspoken banking analyst at Rochdale Securities, cut his rating on the stock to "sell" on Wednesday afternoon, saying the bank's third-quarter profit of $3.2 billion was "unsustainable."
Retirement Savings Asset Allocation
enoughwealth.com 8/29/2009 — The value of my retirement savings (superannuation) account is currently around $304,600. About $8,500 of this is sitting in my old Westpac Business Super account in order to retain my $400,000 life insurance policy (Death and Total & Permanent ...
Riksbank ‘in Denial’ May Fuel Swedish Asset Bubble
hf-implode.com 30 days ago — "The Swedish Riksbank’s plan to keep interest rates at a record low for a further year risks fueling a house price bubble in the largest Nordic economy, some policy makers and economists warned."
Wells Fargo Sues Itself
businessinsider.com 7/12/2009 — shootinfoot tbi Dow Jones newswire columnist Al Lewis breaks the news that Wells Fargo is suing itself. ( Via Calculated Risk ) In this particular case, Wells Fargo holds the first and second mortgages on a condominium, according to Sarasota, Fla., ...
Al Lewis: Wells Fargo Bank Sues Itself
foxbusiness.com 7/12/2009 — You can't expect a bank that is dumb enough to sue itself to know why it is suing itself. Yet I could not resist asking Wells Fargo Bank NA why it filed a civil complaint against itself in a mortgage foreclosure case in Hillsborough County, Fla. "Due ...
Is it Time To Short Wells Again?
bankimplode.com 8/7/2009 — ``
Yesterday, rapid put volume and big block buys on the September 26 strike price had hedgies buzzing. On Thursday WFC traded 87,500 calls against 194,000 puts for 2.20:1 put/call ratio. That type of unusually volume set off optionmonster.com alarm bells, as clients received email alerts to big ...
Average retirement savings | Retirement Income Blog
retirement-income.net 8/23/2009 — The “baby boomer” generation are those people 45 and 62 years of age (as of 2008). This generation has saved on the average retirement savings of $38,000, excluding pensions, homes, and social security. However, “baby boomers” with qualified ...
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