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economic news: Caruso's Economic Update! - 02/01/12 03:42 PM

The first set of earnings released in January focused upon the financial sector.  In all, the reports by larger national and regional banks were disappointing and showed that we are not out of the woods with regard to the legacy of bad loans piled up on the asset sheets of banks during the recession. While the economy recovers, debt loads of banks and nations will prove to be a drag on growth.  This is why analysts are looking at the good economic releases we have experienced in the past few months and are still remaining cautious.  For the consumer, this … (1 comments)

 
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Michael A. Caruso ~ Orange County Real Estate

Laguna Niguel, CA

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Michael Caruso Real Estate Group

Address: 9891 Irvine Center Dr. #170, Irvine, CA, 92618

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