Empower Blog Spending

US Economy heading into the festive season and 2010

US consumer sentiment unexpectedly fell in November while the trade deficit widened by more than forecast in September, which appears to be in line with the Federal Reserve's view of a fragile economic recovery. Chicago Fed President Charles Evans said US monetary policy will remain "highly accommodative" for quite some time, and possibly beyo...

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‘Mixed Economic Messages – Is this a V Shaped Recovery or a Hidden W for equity markets

Economic forecasting is ‘Rocket Science’ which is my way of saying that the forecasters and experts don’t always get it right.  Take for example the latest forecasts below from three major banks, who all have access to the same data and most likely same resources, yet their cash rate forecast for the next 12 months are significantly differen...

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Cash Flow You Didn’t Know You Had…..

The management of cash flow and the provisioning for future cash flow is critical in helping to build a long term wealth base. There is no benefit in buying real estate and not being able to hold onto it for a traditional full value cycle, because the entry, holding and exit fees are usually high, so you are reliant on the value to compound signifi...

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