Where should you put Your Money? Investing in a Recessionary Environment.
In two days, the market relinquished all weekly gains and looking at market fundamentals there really is very little doubt as to why this occurred. This past week, the two large mortgage behemoths Fannie Mae and Freddie Mac announced record quarterly losses. We also got a report that the housing market dropped at its fastest […]
The Scariest Graph Ever: Home Mortgage Debt and Consumer Credit.
As the housing market continues its crash and burn path, it is sometimes difficult to put into words the incredible amount of mortgage debt floating around in the market. Since the 90s, mortgage debt has exploded and has followed a celestial trajectory to the moon. Mortgage debt has grown since 1997 for over a decade […]
Visa prepares for near-$19B IPO: Great Timing with Credit Crunch
In what has to be a case of the worst timing award, Visa is planning to launch an $18.76 billion IPO. When credit gets tight, go IPO:
What are the best jobs of 2008?
As the economy evolves and takes a different course, what are the best jobs for 2008? Almost with a process of elimination, we can assume that the jobs that are contracting the most have much to do with housing and finance. In the midst of all of this there are still many bright spots to […]