Archive - March 25, 2015

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Risk of Recession Rising
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Money and happiness

Risk of Recession Rising

Durable goods orders fell 1.4% in part due to less demand from oil producers for capital equipment. The Atlanta Federal Reserve said GDP for first quarter revised down to 0.2%.  The annual inflation rate is 0.0%. If the U.S. calculated inflation as is done in Europe where housing costs are not counted then inflation would be about 1.5% lower. The problem with counting housing in the CPI index is that if only a few wealthy people pay high prices for a home that distorts the market.
    The formula for estimating interest rates for the ten year Treasury is real …

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Money and happiness

We all know money doesn’t buy happiness. We also know that having no money can really affect happiness. But can you handle money in specific ways to increase everyday happiness? I’ve been reading The Happiness Project by Gretchen Rubin, and one idea really caught my attention.

Rubin talks about two different orientations: in simplest terms, the underbuyers, who put off buying things until they run out, wait out pains or illnesses to see if they’ll go away, and never pop for the expensive haircut or premium manicure. Then, there are the overbuyers, who have far more sheer …

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