Economy

An Economic Puzzle – Consumer Confidence Hits Six Year High While Majority of Americans Say U.S. Still in Recession

An Economic Puzzle - Consumer Confidence Hits Six Year High While Majority of Americans Say U.S. Still in Recession

If everyone from the Fed Chairman on down to the average man in the street seems confused about how the economy is doing, well, it’s because they are. The economy is still in a recession, a depression […]

Gas Prices Near Record High As U.S. Oil Production Surges – Paradox or Price Gouging?

Economics 101 tells us there is an inevitable correlation between supply and demand in a free market.  Overproduction of goods relative to demand invariably leads to lower prices.  This seemingly iron clad theory is currently being tested […]

Optimists On Housing Recovery May Have To Wait Another Decade – Humpty Dumpty Vs The Fed

Optimists On Housing Recovery May Have To Wait Another Decade - Humpty Dumpty Vs The Fed

It wasn’t supposed to be like this. Housing prices were never supposed to decline year over year. Economic depressions were supposed to be a relic of the past. If the economy weakened, the Fed would fix everything […]

What Financial Issues Do People Worry The Most About?

What Financial Issues Do People Worry The Most About?

Besieged by the rising cost of energy and food, many consumers are barely able to make ends meet.  Throw in the fact that for many consumers real wages have been stagnant for decades and you have the […]

Obama Jobs Plan Bad Joke For Both Employed and Unemployed

Obama Jobs Plan Bad Joke For Both Employed and Unemployed

The long awaited and hugely hyped Obama “Jobs Solution Speech”, hastily crafted between rounds of golf on the Vineyard, is unlikely to help either the employed or  unemployed. Obama’s calls his new proposals the “American Jobs Act” […]

Americans Stubbornly Deny All Time High In Personal Income

Americans Stubbornly Deny All Time High In Personal Income

American workers should be celebrating the latest numbers from the U.S. Department of Commerce that show personal income at all time highs.  Since taking a rather sharp dip during the recession of 2008-2009, personal income has soared […]

Latest Government Scheme For Growth – The Invisible Tax Cut

Pulling forward future demand to stimulate economic growth didn’t work with the cash for clunkers program or housing tax credits.   Car and home sales collapsed after consumers who were going to buy cars or houses anyways bought today instead […]

Why The Biggest Risk To The Economy Is A Strong Recovery

Why The Biggest Risk To The Economy Is A Strong Recovery

Concerns about the current economic mess turning into another Great Depression seem to have faded.  The consensus view of  government officials and private economists seems to be that the economy, although still fragile,  is well on its […]

Depression In Commercial Real Estate Results In Bargains For Some

Depression In Commercial Real Estate Results In Bargains For Some

Depression Pricing As Empty Hotels Slash Rates The recent era of easy lending was not confined to residential real estate.  Commercial real estate lending is the next big worry for a banking industry already beset by an […]