Welcome to the weekend edition! Its been quite a rough week for me. As you may know, many of the banks announced their 2nd quarter earnings this past week and the previous one. The news was not great, however it was better than expected. Those of you owning stock in our financial institutions likely noticed a decent run this week. All the media coverage of our industry has kept everyone very busy, so I’m very happy its Saturday.
You’ve probably also noticed that the price of oil dipped below $125 this week. Wonderful news for those of us that drive to work, but I stand by the notion that $5.00 a gallon for gas could do great things for our country; long term of course.
Speaking of people doing great things for our country, I was introduced to a new organization this week called Qvisory. Their website and resources give the appearance of an educational tool for personal finance, aimed at the 18-34 demographic. But after reading a bit more about them I think they plan to do more than just teach. It looks like they are trying to be a voice for this generation, working with the regulatory bodies of this country to improve the situation for us.
This is called lobbying, which has a bad rep. Oh well, not all lobbyists are bad (think AARP). Check out their website as there are some great resources there. I’ll be keeping my eye on them to see what they may be able to accomplish for us. You should too.
 By The Weakonomist |
The Weakonomist is the founder of Weakonomics. Clicking the picture of the puppy will tell you more about him. If you like what you're reading consider subscribing to the blog, following him on Twitter, and checking out the related posts below. Please consider a donation if you really enjoy Weakonomics. Also keep in mind that nothing I say can be construed as financial advice. |
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