Starbucks - Doing It Right
SBUX On The Right Road
There is an old saying that if you don’t know where you are going, any road will get you there. Starbucks seems to know where it wants to be and is also [...]
Frugality The New Lifestyle For Many
Hard Times Bring Back Thrift
Without the aid of easy credit, matching income with expenses has required cutbacks in consumer expenditures and forced price reductions and layoffs by businesses. Frugality has become the new mantra for many as [...]
K-Ratio Flashing Major Buy Signal For Gold Stocks
Gold Stock Buy Signal
One reliable indicator that I have followed over the years to time the purchase of gold stocks is the K-Ratio. At the present time, the K-Ratio is giving a strongly bullish signal. The K-Ratio [...]
Banks And Consumers Say No To More Debt
More Debt Rejected As Solution For Debt Crisis
How many times since the current financial crisis began, have we been told by the Government that the key to an economic turnaround is easier credit and more lending? [...]
Banks Move Quickly From Bust To Boom
Things Change Quickly
Only a couple of months ago, the consensus view predicted a collapsing banking industry that would need to be nationalized. Banks were viewed as black holes with little chance of becoming profitable. Fortune Magazine was [...]
Why Does The FHA Approve Loans That Borrowers Can’t Afford?
FHA Delinquency Rate Raises Questions
The latest delinquency rates reported by the FHA are troubling and raise serious questions about the qualification process for approving FHA borrowers. The latest FHA numbers focus on the number of borrowers [...]
Tea Parties Draw Small Crowds - Are Taxes Too Low?
Hartford, CT Anti-Tax Rally
Anti-tax tea party rallies took place across the nation on tax day, April 15th. All things considered, including the warm spring weather, the size of the crowds protesting seemed oddly small.
MSNBC -Whipped [...]
Some Banks Are Not Amused With 3.875% TARP Mortgages
TARP Dollars Deployed
It was previously discussed how two banks in Washington State are deploying their TARP funds to provide low rate financing for new home buyers. The program was limited in time and funding allocation as detailed [...]
Cramer VS Roubini - Nasty
Round One?
Things got real nasty as two giants in the world of financial commentary engaged in a bare knuckles brawl. Nouriel Roubini earned his reputation by being one of the few to correctly predict the ongoing economic [...]
