- Bernanke’s Job Is Safe, But Your Money Isn’t Says Schiff Breakout
"Ben Bernanke's job is safe now that Obama was re-elected, but your money is not," says Peter Schiff of Euro Pacific Capital.
- China Data Shows Economic Recovery Gaining Pace Reuters
China's economy strode further along the road of recovery from its slowest growth in three years, data for October showed on Friday, as infrastructure investment accelerated and output from the country's factories ran at its fastest in five months.
- Related: Sino-Japanese Tensions Are Here to Stay
- Related: Chinese Inflation Moderates
- Fitch Sees Risk of U.S. Recession on Fiscal Cliff Concern Bloomberg
The U.S. risks entering a recessionthat will hurt economic growth worldwide should policy makersfail to avoid the so-called fiscal cliff of automatic taxincreases and spending cuts next year, Fitch Ratings said.
One option: Figure out how much you can afford to pay on your own and buy insurance to fill the gaps.