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Economic Perspective – May 2012

The Month in Review Popular frustration with eurozone austerity programs began hitting home in Europe with Socialist François Hollande’s election as France’s president and the rise of anti-austerity political parties in Greece. After those parties failed to form a coalition government, new elections were scheduled for June 17 as concern mounted that an anti-austerity government …

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The Markets – May 2012

Eurozoning out: Equities followed up on a disappointing April with a troubled May, the worst month for the Dow Industrials in two years and one that pushed the Global Dow into negative territory for the year. As problems in Europe mounted, more investors sought security in sovereign debt that seemed to offer at least some …

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Pay Down Debt or Save and Invest?

There are certainly a variety of strategies for paying off debt, many of which can reduce how long it will take to pay off the debt and the total interest paid. But should you pay off the debt? Or should you save and invest? To find out, compare what rate of return you can earn …

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Hidden Taxes: What Is Your True Cost?

We are pretty well aware of the taxes we must pay as U.S. citizens; income taxes, payroll taxes, sales taxes, property taxes, and gift and estate taxes, to name a few. We can easily see these taxes on our pay stubs, tax bills, and sales receipts. But there are other taxes imposed on us that …

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Economic Perspective – April 2012

The Month in Review U.S. payrolls rose at their slowest pace since October. According to the Bureau of Labor Statistics, the 120,000 new jobs only managed to cut the unemployment rate to 8.2%, though it was the 11th straight month of either stable or falling unemployment. U.S. economic growth slowed in the first quarter of …

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