August 2012

‘Fiscal Cliff’ … an Illusion or Reality?

Fiscal Cliff- We do get these buzz phrases about the economy, don’t we? A special jargon of the financial press and the commentariat, shorthand expressions intended to suggest the speaker has an especially intimate understanding of economic events. Note: See Optio Money’s Financial Jargon directory and Mortgage Jargon Directory for help with the Jargon. Federal […]

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London Olympics Fueled Aussie Supporter Spending

Spending Trends- The Olympic Games were an impressive spectacle in London over the last few weeks and analysts predict that it will create world-wide spending ripples.  For instance, the jolliness is expected to contribute $2.6-billion into the Australian economy, the bulk of which is believed to be spent at bars and pubs. And, interestingly enough, this time, it’s the

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The Endless War: Saudi Arabia Goes on the Offensive Against Iran

Oil Wars- Saudi Arabia vs. Iran- Saudi Arabia has gone on the offensive against Iran to protect its interests.  Their involvement in Syria is the first battle in what is going to be a long bloody conflict that will know no frontiers or limits. Ongoing Disorders in the island kingdom of Bahrain since February of

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Energy Markets Being Driven by Politics?

Oil Supply and Demand- Oil Demand Down Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. A lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for petroleum products suppressed. Nevertheless, lingering concerns over geopolitical tensions with Iran has prompted some

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Spotting New Trends: Knowing When to Go Against the Grain

Spotting New Trends- It is said that hindsight is 20/20. It’s easy to think, “If I had just bought apartments in Paris in the 80s, or tech stocks before the bubble, or gold in 2000 or 2001, I’d be sitting on a fortune right now.” The thing is, kicking yourself for lost opportunities doesn’t do

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Differences Between Pre-Qualified and Pre-Approved For a Home Loan

Pre-Qualified vs. Pre-Approved for a Home Loan- People commonly use the terms pre-approval and pre-qualified interchangeably when they are in the market to buy a home. However, these are two entirely different concepts, and it’s important to understand the difference between the two. One is an estimate, the other is a tentative commitment, and neither is

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