CRC 

Please be advised that Mark Abas presently holds Series 6, 63, 65, 7,24 & 51 securities licenses and provides investment advise in the following states: AL, AZ, CA, FL, GA, IA, IL, KS, MA, MI, MO, NC, NJ, NM, NV, NY, OH, OK, OR, PA, TX, WA, & WI. For residents of other states, proper license registration must be obtained by Mr. Abas before proceeding further.

 

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HOT TOPIC: Current Economic Conditions and the Prospect for Inflation

Inflation jumped up to 3.2% in April. That’s still below the 50-year average but it may be little consolation for anyone who has been to a gas station or a grocery store recently.

The Difference Between the Debt and the Deficit

The terms "debt" and "deficit" are often used interchangeably to describe the federal government's financial situation, yet they have significantly different meanings. This explanation of the budget deficit and the national debt may help readers understand the conversation.

Fixed for Life

More than 40% of Americans ages 36 and older are at risk of running out of money in retirement, according to a retirement readiness study. In fact, almost one-third of people with upper-middle incomes and 13% with high incomes may not be able to pay for basic retirement expenses and uninsured health-care costs after two decades in retirement.

HOT TOPIC: Why Global Investors Are Worried About European Debt

European officials are working on a bailout deal to help debt-laden Greece avoid default, but some are worried a broader eurozone financial crisis may be waiting in the wings. How likely is a Greek sovereign debt default, and how could it affect European and U.S. financial markets?

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February 11, 2012 @ 09:49 AM

Dow Jones Industrials 12,801.23- 89.23
Nasdaq Composite 2,903.88- 23.35
S&P 500 1,342.64- 9.31
S&P Mid-Cap 400 964.49- 10.72
NYSE Composite 7,992.05- 89.20
10 Year Treasury Note 1.97- 0.08
Wilshire 5000 14,119.98- 108.07

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