economy: And some didn't think Europe would feel any pain.... - 06/18/08 09:46 AM
Reality is that when the worlds #1 consumer spending economy takes it in the chin, the rest of the world is soon to follow.  As the United States has delt with one of the most severe deflationary real estate spirals in recent history, Europe and Asia have not witnessed slow downs … (0 comments)

economy: Does anyone really understand whats going on with the economy?? - 06/06/08 05:28 PM
This week is just one example of how ridiculous the global markets are these days.  First comes a report that the stimulus package is working for retail sales....Hurrah!!!  Then today we hear about poor labor numbers....DEPRESSION!!!  Oh come on already!!!  I loved this article off of bloomberg today...Article
Then in regards … (3 comments)

economy: Market update....well atleast updated for the next minute or two... - 03/11/08 12:12 PM
The markets have been all over the place in the past few weeks.  Doom and gloom predictions have been rampant, the critical Wall Street siren's have been calling for a drop in rates for the past few weeks.  The real problem has been the tightening credit strings of most banks.  The … (0 comments)

economy: Today was a great day...weather was great...so are rates! - 02/29/08 12:16 AM
Today was a great day!  Sunny, over 50 degrees and the snow is melting quickly!  It's been a snowy winter, and I for one am happy it's almost over.  The other great news was the sounds of the 10 year bond dropping through the floor!  Yes, mortgage rates are getting better … (6 comments)

economy: Are you worried about interest rates? - 02/27/08 01:00 PM
Most consumers are worried about interest rates, but recent bloomberg articles and headlines in my local paper are now postulating the theory that Stagflation may rear its ugly head!  What's stagflation, well the simple definition is that it means that interest rates increase, wages decrease, business decreases, and it's a self … (1 comments)

economy: What do the economic tea leaves predict now???? - 12/21/07 12:14 PM
So the market is up 170 points today.  The Fed has promised to do what ever it takes to keep credit markets in play....see report , and consumer spending is through the roof....see report  .  Hasn't anyone heard that we're in the worst real estate market in over 16 years and … (3 comments)

economy: Is recession just around the corner..... - 10/22/07 07:36 PM
According to the media, according to numerous blogs and internet posts a recession is just around the corner. But as history show's us, is a recession really going to hit in 2007-2008.  This recent article I found may make you rethink that we're heading into a recession...atleast within the next few … (0 comments)

 
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