The Economy Is Roaring Back

Despite the dismal situation brought about by two hurricanes on the United States, statistics report from the New York Federal Reserve on the nation’s gross domestic product (GDP), a primary indicator of a nation’s wealth, showed a 3.15% increase at an annual rate in the fourth quarter. While Republicans and Democrats are arguing on who can actually take credit on this largely positive report, economists say that the destruction wrought by the hurricanes Irma and […]

Read More →

Ex-Fed Chairman Greenspan: Get rid of Dodd-Frank and watch economy and stocks soar

Former Federal Reserve Chairman Alan Greenspan told CNBC on Thursday the prospect of getting rid of the Dodd-Frank banking regulations has been a driver of higher stocks and would continue to be. “If you get rid of Dodd-Frank, it’s going to have a very significant positive impact on the economy,” he said on “Squawk on the Street,” from the sidelines of the IMF–World Bank meeting of finance ministers in Washington. “In my judgment, that’s where […]

Read More →