Top Fed Analyst: “This is when rates should rise…”

Since December 16, 2008, the Federal Reserve has kept interest rates at zero. Labor market conditions had just about deteriorated at that time. Consumer spending, business investments, and industrial production had all declined.  Financial markets were stressed.  Credit conditions were tight. The outlook for the economy had weakened considerably.  Consumers were slashing their spending habits…

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What You Need to Know about Private Prison Stocks

“We need to end private prisons.  Protecting public safety… should never be outsourced or left to unaccountable corporations.” That’s what Democratic presidential candidate Hillary Clinton just tweeted, wiping out millions in value off another industry in just weeks. Corrections Corporation of America (CXW) lost $200 million in value. GEO Group Inc. (GEO) lost close to…

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