Author Archives: Dennis Tubbergen

Gross: Look For Another US Credit Rating Downgrade

A Financial Post article quoted Bill Gross, manager of one of the world’s largest bond funds, predicting another US credit rating downgrade if the US Government and those in charge don’t aggressively attack the deficit.  Of course, making that prediction … Continue reading

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Illinois Funding Costs Rise

A Bloomberg article reported that the State of Illinois is raising money via a bond offering and it seems that the State’s borrowing costs are rising.  This from the article[1] (emphasis added): Illinois plans to sell $1.8 billion of general-obligation … Continue reading

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Dallas Fed Bank President Fisher: “Punish Big Banks”

Dallas Federal Reserve Bank President Richard Fisher recently stated that the “too big to fail” banks should be punished if they request taxpayer assistance in the form of a bailout in the future. An article published in “The Huffington Post” … Continue reading

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Spain’s Economic Mess Could Affect U.S.

Economist Harry Dent stated this week that the recession in which Spain is immersed in could affect US stocks.  Dent predicted that a decline of 10% to 20% for US stocks is likely.  Dent stated in a CNBC interview last … Continue reading

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Eating Science Projects

While this topic is a bit off my normal subject matter, it’s a topic that is interesting and important to me.  Not long ago, I read with a great deal of skepticism and, to be candid, disgust, that scientists were … Continue reading

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