Climbing the Wall of Worry!

This week is the one year anniversary of the rating downgrade of U.S. government debt. America had AAA rating for over 70 years, and last year’s downgrade brought warnings from many that the interest rates on U.S. government debt would be rise and inflation would begin to rise. Those fears did not come true. Since.. read more →

What Happened? Why Did It Happen? Is It 2008 All Over Again?

Just a quick note to keep you informed on what All Star Financial is thinking about the world we live in these days. Actually let”s take the last 10 business days in review: The United States lost its AAA rating. The Federal Reserve came out with the ZIRP (zero interest rate policy) until 2013. The.. read more →

Happy Anniversary!

A year ago today, on September 15, 2008, Lehman Brothers, one of the largest and oldest investment banks in the U.S. filed for bankruptcy, and set off a financial collapse that was felt across the globe. It seems like a long-time ago, but it was only one year, but what a year it was! Lets.. read more →