Monthly Archives: December 2015

St. Louis Fed’s Chief Economic Adviser Discusses Demographics, Education, And Race Of Wealth


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“William R. Emmons, senior economic adviser at the Center for Household Financial Stability at the St. Louis Fed, discusses key findings from the center’s research on demographics—specifically race, ethnicity, education and age—and the relationship of those factors to wealth accumulation.” – via St. Louis Fed

3e9c4900-5ce5-451f-9003-6c469db793c3For the full presentation and video click here.

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HBCU Money™ Business Book Feature – Panic on Wall Street: A History of America’s Financial Disasters


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From the Publisher

Here is a book dealing with a subject endemic to many Eastern and Western countries — financial panic. Covering 12 of the most harrowing moments in American financial history from 1792 to 1962, it demonstrates that Wall Street and the public are at once the heroes, villains, and victims of past panics.

From the Inside Flap

… The episodes depicted were dramatic, had an impact on Americans of the time, and have generally been neglected by other financial historians. Some of the most notable are the Western Blizzard of 1857, the Great Crash of 1929, and the Kennedy Slide of 1962. Not all were catalysts for depressions, but they illustrate the complexity of such events and that the causes are varied: political, military, economic, and even psychological. This book is fascinating reading for anyone who fears that we could suffer through another financial panic.

HBCU Money™ Dozen 12/14 – 12/18


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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

5 ways 2015 changed enterprise software forever l CIOonline http://trib.al/Xxtp3aA

Apple and IBM partnership yields 100 iOS enterprise apps l CIOonline http://trib.al/1pFDyUg

Why social media needs to have a code of ethics for clinical research l CIOonline http://ow.ly/W6qEo

Migraine changes your world. It’s time for a new approach to treatment l New Scientist http://ow.ly/W6qIY

Where in the world have we achieved 100% renewable power? l Renewable Cities http://ow.ly/W5rhU

What made #CITES shark protections so successful? l Pew Environment http://pew.org/1Nu5T37

Federal Reserve, Central Banks, & Financial Departments

What being #bilingual can do for your #brain l WEF http://wef.ch/1O8aaEm

What are vertical farms, and can they really feed the world? l WEF http://wef.ch/1Pay3hZ

#Remittances, often the 1st financial service #migrants use. What’s the cost? l World Bank http://wrld.bg/W5a9H

A history of U.S. debt limits l NBER http://bit.ly/1OAWWQY

Why friends shouldn’t go into business together l WEF http://ow.ly/W6rnO

Price Equalization Does Not Imply Free Trade l St. Louis Fed http://bit.ly/1Zg1UKB

hank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch


Our Money Matters /\ December 18, 2015

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $7.95 (0.00% UNCH)

M&F Bancorp (MFBP) $3.05 (0.00% UNCH)

Radio One (ROIA) $1.67 (5.03% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  290.90 (0.91% DN)

Botswana Stock Exchange (BSE)  10 601.81 (0.00% UNCH)

Ghana Stock Exchange (GSE)  1 969.14 (12.91% DN)*

Nairobi Stock Exchange (NSE)  145.55 (N/A)

Johannesburg Stock Exchange (JSE) 48 717.28 (1.99% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 9 987.53 (1.24% DN)

London Stock Exchange (LSE)  3 348.10 (0.70% DN)

Tokyo Stock Exchange (TOPIX)  1 537.10 (1.76% DN)

Commodities

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November 2014 To November 2015 Average Earnings – Up 2.3 Percent


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October 2014 Average Earnings: $24.68

October 2015 Average Earnings: $25.25

Month Change: Up 0.2 Percent