article thumbnail

Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time.

Policies 147
article thumbnail

Consultant Ninja: Another Casualty of the Financial Crises.

Consultant Ninja

I think a more interesting graph would show each fund against a respective benchmark (e.g., 2010-Present: Off the road 2009 Stats: Airline Miles: 24,902 Nights away from home: 73 (of 216: 34% of nights) AMEX Charges: $21,220 2008 Stats: Airline miles: 87,589 Nights away from home: 159 (of 365: 43.6% Posted by Consultant Ninja.

Financial 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Argentine Peso vs. US Dollar 64% "Official" Decline Since July 2008 On July 31, 2008, the peso had been relatively stable an traded at 3.03 Here''s a chart that shows just that. pesos to the US dollar. to the US dollar.

Banking 54
article thumbnail

Is the Stock Market in Big Trouble?

The Fearless Marketer

Do you remember the stock market crash of 2008? On Monday, September 29, 2008. On Monday, September 15, 2008, Lehman Brothers declared bankruptcy. in October for its biggest monthly drop since October 2008, while a 6.9% slide by the S&P 500 was the benchmark index’s steepest monthly fall since September 2011.

article thumbnail

Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

An idiosyncrasy of Singapore’s interest rate policy makes their low interest rate-fueled credit bubble particularly acute: Singapore’s benchmark interest rate, known as the Singapore interbank offered rate or SIBOR, is tied to the U.S. Federal Reserve has pursued its zero interest rate policy, or ZIRP, after the financial crisis in 2008.

article thumbnail

Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. Marc Gerencser, managing director, noted in 2007 that returning to being a private firm allowed Booz & Company to make long-range investments that they may not have otherwise been able to make. What about lifestyle?

article thumbnail

Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar for the first time since 2008. While Brazil, Russia, India, China and South Africa were the engines of global growth following the financial crisis in 2008, emerging markets now pose a threat to world financial stability.