If you visit your local bank, you might advertisements for money market accounts. You might be familiar with CDs, checking and savings accounts, but money market probably sounds fancy and exotic. Fortunately, they’re not.
Kiplinger’s has put together a list of 10 things that you, fair consumer, can expect from our new post-wall-street-apocalypse economy. Should you be scared? Maybe.
It’s conceivable that oil could hit $100 a barrel soon, but the increases are being driven by momentum traders and speculators more than by fundamentals, say some analysts: “Hedge funds and other players are supremely in control of this market. It’s a case of the tail wagging the dog.” [
Hark the herald and sing the angels, the Manhattan Trader Joe’s announced a date, via hand-drawn sign, per usual, for its wine shop to open. April 10th. Gotham City street beat reporter Bucky Turco writes that’s, “5 days before tax day. Who said Trader Joe’s weren’t savvy marketers.”