A few major financial bits of news hit this week.
Ben Bernanke announced the possibility of more quantitative easing, or as I like to refer to it, The Fed’s Multi-Billion Dollar Obama Reelection Campaign Fund.
That wasn’t exactly unpredictable.
The other bombshell — for me, at least — was the announcement about a Facebook initial public offering, or IPO. I knew it was in the works, but thought it was still being debated by the social network’s executives.
IPOs can be more than just a way to value a company, or to turn virtual billionaires into real billionaires. They can signal increased health in the market and even indicate a new investment climate. Is this the start of another Tech Boom driven by maturing Web 2.0 companies? Hard to say. But my eyes will be on this offering for clues.
Here are some of the other articles and posts I’ve been reading this week…
Budgets Are Sexy — Does America Hate Money?
CashMoneyLife — When Will I Get My Tax Refund
The Finance Buff — How to Buy I Bonds on a Future Date From Treasury Direct
Financial Samurai — What Income Level is Rich?
Arbor Investment Planner Blog — Six Top Global Investment Trends for Your Portfolio in 2012
The College Investor — Your College Major Doesn’t Matter… Unless…
Wealth Informatics — Stay at Home, or Go to Work. What is the Financial and Professional Price?
Dumb Little Man — 7 Habits of Highly Excellent People
The Psy-Fi Blog — The Wisdom of Internet Crowds
Econometrics Beat (Dave Giles) — Hot Topics in Econometrics