The Federal Reserve flow of funds accounts for US Households (Table F.100) clearly reveal the forces that drove the recovery in equity prices in the first half of 2009. By comparing the flow of funds in the year 2007 (at the top of the bubble), with the flows in Q2 2009, a dramatic shift in investor […]

The Federal Reserve Flow of Funds Accounts for Q2 2009 showed a positive net issuance of Non-farm Non-financial Corporate Equities at an annual rate of $88 billion (Table F.102). At the same time, cash dividends of this sector fell 22.5%, from the annual rate of $465.8 billion in 2006, to only $360.7 billion in Q2 […]

Despite overwhelming votes to cut off funding for ACORN from both Democrats and Republicans in the US Congress in September 2009, there is a real question as to whether such measures are effective or even sincere. The ACORN scandal regarding the prostitution of minors exposed by young reporters Hannah Giles and Kenneth O’Keefe and publicized by […]