Author Archives: hbcumoney

The HBCU Money™ Weekly Market Watch

Posted on December 19, 2014 | Leave a comment

Our Money Matters /\ December 19, 2014

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) $8.82 (0.23% DN)

M&F Bancorp (MFBP) $4.60 (0.00% UNCH)

Radio One (ROIA) $1.65 (7.14% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  248.51 (0.56% UP)

Botswana Stock Exchange (BSE)  9 509.42 (0.06% UP)

Ghana Stock Exchange (GSE)  2 297.72 (7.11% UP)*

Nairobi Stock Exchange (NSE)  156.19 (N/A)

Johannesburg Stock Exchange (JSE) 49 386.71 (0.20% UP)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 854.72 (0.21% UP)

London Stock Exchange (LSE)  3 515.70 (1.17% UP)

Tokyo Stock Exchange (TOPIX)  1 409.61 (2.42% UP)

Commodities

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Federal Reserve Chairwoman Janet Yellen’s December 2014 Press Conference (Video)

Posted on December 18, 2014 | Leave a comment

The FOMC (Federal Open Market Committee) held its last meeting of 2014 on December 17, 2014. As has become customary starting under the previous Federal Reserve Chairman Ben Bernanke, a press conference is held thereafter giving the public and media an opportunity to ask questions of the sitting chair about current and/or future strategy and policy.

A few key points that were touched on in the press conference were falling oil prices, three committee member dissent of current policy direction, Russia’s impact on the global economy, and an emphasis that every meeting is a “live” meeting where the committee could alter their strategic policy.

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2014 Members of the Federal Open Market Committee

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Posted in Central Banks

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Unemployment Rate By HBCU State – October 2014

Posted on December 15, 2014 | Leave a comment

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NUMBER OF STATES WITH RISING UNEMPLOYMENT: 2

NUMBER OF STATES WITH DECLINING UNEMPLOYMENT: 19

NUMBER OF STATES WITH UNCHANGED UNEMPLOYMENT: 3

LOWEST: OKLAHOMA – 4.5%

HIGHEST – GEORGIA – 7.7%

ALABAMA –  6.3% (6.6%)

ARKANSAS – 6.0% (6.2%)

CALIFORNIA – 7.3% (7.3%)

DELAWARE – 6.4% (6.5%)

DISTRICT OF COLUMBIA – 7.6% (7.7%)

FLORIDA – 6.0% (6.1%)

GEORGIA – 7.7% (7.9%)

ILLINOIS – 6.6% (6.6%)

KENTUCKY – 6.2% (6.7%)

LOUISIANA – 6.2% (6.0%)

MARYLAND – 6.0% (6.3%)

MASSACHUSETTS – 6.0% (6.0%)

MICHIGAN – 7.1% (7.2%)

MISSISSIPPI – 7.6% (7.7%)

MISSOURI –  5.9% (6.3%)

NEW YORK – 6.0% (6.2%)

NORTH CAROLINA – 6.3% (6.7%)

OHIO – 5.3% (5.6%)

OKLAHOMA – 4.5% (4.7%)

PENNSYLVANIA – 5.4% (5.7%)

SOUTH CAROLINA – 6.7% (6.6%)

TENNESSEE – 7.1% (7.3%)

TEXAS – 5.1% (5.2%)

VIRGINIA – 5.3% (5.5%)

Previous month in parentheses.

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Posted in Economics

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HBCU Money™ Business Book Feature – America’s Fiscal Constitution: Its Triumph and Collapse

Posted on December 14, 2014 | Leave a comment
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America’s Fiscal Constitution: Its Triumph and Collapse tells the remarkable story of federal leaders who imposed clear limits on the use of federal debt. For almost two centuries those limits allowed the federal government to borrow for only four purposes. That traditional fiscal constitution collapsed in 2001, when federal elected officials broke the traditional link between federal tax and spending policies. For the first time in history, the federal government cut taxes during war, funded permanent new programs entirely with debt, and became dependent on foreign creditors.

With insights gained from original scholarship and an unusual breadth of experience in finance and government, Bill White distills practical lessons from the nation’s five previous spikes in debt. America’s Fiscal Constitution is an entertaining and objective guide for people trying to make sense of the current and most dangerous debt crisis.

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HBCU Money™ Dozen 12/8 – 12/12

Posted on December 14, 2014 | Leave a comment

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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

17% Of Household Energy Comes From Rooftop Solar In Queensland l Clean Technica http://dlvr.it/7pDtJh

Fungus has an amazing arsenal, from body invasion Alien-style to hallucinogenic poisons l New Scientist http://ow.ly/FNBhe

What is one way to pursue a career in land use law? A former FSG student shares her story. l FL Sea Grant http://ow.ly/FNBEp

Cisco sees a data analytics fortune at the edge of the network l Network World http://ow.ly/FNCwp

The State Leading The US In EV Adoption Is… l Clean Technica http://dlvr.it/7pDF1W

Get your thinking caps on! Monday, NASA + USGS launch the Climate Data App Challenge l EPA Research http://ow.ly/FNDaQ

Federal Reserve, Central Banks, & Financial Departments

Is mass manufacturing come to an end? l World Economic Forum http://wef.ch/12CkRie

Are wages and the unemployment rate correlated? l St. Louis Fed http://bit.ly/1yaVB0c

What will our jobs look like in 15 years? l World Economic Forum http://wef.ch/1DmFQq0

Three trends that signal hard times for renters in 2015 l Philadelphia Fed http://ow.ly/FNFiC

Serious mortgage delinquencies fell during third quarter in the U.S. l St. Louis Fed http://bit.ly/1B2w1J7

Why invest in resilience? Here’s what 0.5m sea level rise would mean l World Bank http://wrld.bg/FLHsE

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

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Posted in Finance & Tech Review

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