There has been plenty to read and digest over the Obama proposed stimulus package. It seems destined to be voted on and in place by the time he is sworn in as the 44th President of the United States.... read more »
"The prospect bodes poorly for banks, along with pension funds, insurance companies, hedge funds and others holding the loans or pieces of them that were packaged and sold... read more »
In my last blog in this series, I want to look behind the technical and fundamental picture to remind myself that behind the numbers, there are human stories and tragedies. Adam Michaelson in... read more »
It seems like Capitol Hill should have an announcer out front yelling, "Step right up! Get your piece of the amazing bailout pie here!" It seems like there is one already, actually, now... read more »
This is no way to start the holiday week is it? The only folks pleased by today's action are those driving a Hummer and/or snowmobiling. This type of action is why Chicken Dave still maintains high... read more »
As I have noted many times over the last 18 months, maintaining a stable relationship between median incomes and median home prices is essential. Between 1965 and 2000, median home prices and median... read more »
By all reports, there is a second-wave interest crunch to hit the US - perhaps as early as next year. If you Google ‘Alt-A' (Alternative Paper A), Option Arms and Interest Only, you'll find a ton... read more »
Today's entry will be a short one. I'll be merely raising the topic I'll be covering over the next few days: Do the probabilities favor a 1966 to 1982 type recession? Or will we be facing deflation?... read more »
I've posted here recently on the unpleasant topic of commercial real estate and how the underlying fudamentals are so clearly quite poor. Apparently, however, only now are such concerns causing major... read more »
Election's over--back to reality. And the reality is: while credit conditions have indeed loosened somewhat recently, the financial de-leveraging continues.Today's reminder of this reality came from... read more »
