Editor's Note: James Quinn is a senior director of strategic planning for a major university. James has held high-level financial positions with a retailer homebuilder and a university in his 22-year career.Unintended Consequences of Cheap Oil When oil reached $147 a barrel in the summer of 2008 panic set in among the sages in Congress. Windfall-profit taxes on oil companies and government support for alternative energy were the mantra. Government intervention was going to work its magic. Instead the markets adjusted rapidly to a worldwide decline in demand and the price plummeted to less than $40 a barrel. This ...
If there’s a proverb that captures the outlook for the U.S. economy in the New Year, it’s the one that says: “It’s always darkest before the dawn.”
Regardless of any formal announcement of whether or not the United States drops into an actual recession, the ongoing credit crisis guarantees a contraction of the ...
Welcome to the December 15, 2008 edition of Festival of Stocks. The Festival of Stocks is a blog carnival dedicated to highlighting bloggers best posts on stock market related topics. Fat Pitch Financials is the actual birth place of this online weekly event, so it is always a special occassion when I get the chance to [...]
Daily Aid 26: How to understand how the economy is really doing
Eye on the Economy
I want to do a special today to give you some tools for understanding the market a little better, some things to keep an eye on, and some explanations so that when you see financial news in the headlines, you know [...]
Daily Aid 17: My Rich Uncle suspends lending, FAFSA stuff, PLUS loan rates
Student Financial Aid News
From Inside Higher Ed:
In a speech tonight at Harvard University, the U.S. education secretary will unveil a proposal to greatly simplify the process by which students apply for federal financial aid. Under the plan, which flows from a set of [...]