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Chicago Marathon Boosts Economy

CHICAGO – The Bank of America Chicago Marathon continues to contribute to Chicago ’s economy, with the 2016 race delivering an estimated $282 million in total business impact to the city. The findings come from the … [Read more...]

Baltimore Running Festival economic impact

BALTIMORE - Corrigan Sports Enterprises, Inc (CSE) announced the 2014 Baltimore Running Festival generated an estimated $40.2 million in economic impact according to a recent study by RESI, an economic research and … [Read more...]

Shale Gas: a High-Cost Resource

Shale Gas – Despite much talk about how it’s going to revolutionize global supplies, investors in the shares have seen them perform poorly for years, major companies in the sector such as Shell and BHP Billiton … [Read more...]

Banking: Crisis by Design

Banking – After the devastating Sub-Prime Crisis, which has cost the world trillions of dollars’ worth of lost economic growth, destroyed millions of jobs and businesses, and burdened taxpayers with huge state … [Read more...]

Why Lower Equity Returns Look Likely

Equity Returns – Optimistic arguments about longer-term profits to be made in US shares are “deeply flawed” as they’re based on double-counting and circular reasoning, Brett Arends argues on Marketwatch. Future … [Read more...]

Gold Starts to Recover Its Traditional Role

Gold is making a comeback as money, despite a century of near-universal negativism about its future as a key element in global finance. Recently “its popularity as a medium of exchange for international transactions has … [Read more...]

Planning Your Portfolio

Planning Your Portfolio – All successful investors use heuristics to shape their strategic decisions, but it’s wrong to assume they are always correct. Wikipedia defines heuristics as “experienced-based techniques … [Read more...]

Economy to Strengthen the Dollar

“We can expect a blistering dollar rally,” Ambrose Evans-Pritchard predicts in the Daily Telegraph. He bases his forecast on the rapid improvement in the condition of the US economy that is likely to shift the central … [Read more...]

US policy failure

Although lending to businesses is reaching record levels in the US, that should not be taken as evidence of strength in economic recovery, bankers are now warning privately … [Read more...]

Share and Bond Markets

Earnings – the lack of them – remain the biggest threat to American equities, whose recent strong growth has been driven by optimism and buy-backs rather than underlying profits, while the latter have come from … [Read more...]