Money
Associated Press/Photo by Michael Probst

Dollars and Sense: Europe starts quantitative easing, fears of a correction loom

Money
by Warren Cole Smith
Posted 3/16/15, 11:15 am

Another volatile week. The markets were volatile again last week. After a five-year rally without a serious correction, sometimes news the markets think could throw a wet blanket on the fire causes a big drop. Then, the fire burns through the blanket anyway and the markets rise again. That cycle causes big drops and then—usually within a day or two—big gains again take us back to where we started.

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Associated Press/Photo by Alan Diaz

Dollars and Sense: Stop worrying about jobs, start watching inflation

Money
by Warren Cole Smith
Posted 3/09/15, 08:35 am

Focus on jobs. Once a month we have a week during which we get a lot of employment related data, and last week was that week for March. On Wednesday, payroll processor ADP said private employers hired 212,000 workers in February. The number was slightly below expectations, but still considered decent. On Thursday, we got the report for first-time claims for unemployment benefits. First-time claims rose by 7,000 to 320,000, the highest number since last May.

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A buffer against bailouts

Money | Why not use regulatory relief as a carrot to entice big banks to hold more capital? 
by David Skeel
Posted 3/06/15, 01:00 am

The main regulatory skirmish in Washington these days pits the new Republican majority, which wants to roll back the 2010 financial reforms known as the Dodd-Frank Act, against Democrats and the president, who vow to protect every jot and tittle.

The Dodd-Frank Act isn’t casual reading: It started out as a 2,319 page law, and bank regulators have added thousands of pages of regulations in the five years since it was passed. 

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