The October 2008 Job Report: Digging Deeper into the Data. True Unemployment Rate at 11.8%.
Trying to explain the unemployment rate is a challenge since there are many nuances to look out for. For example, today the unemployment rate came out at 6.5%, the highest since March of 1994. That would be troubling in itself. What was also released in the report is a horrible number of 240,000 jobs being […]
Why Senator Obama’s Economic Plan is better than Senator McCain’s: 3 Major Key Points.
As we wind down to the last few days of the election, it is important to remember that whomever is elected there will be an economic mess awaiting the new CEO of our country. Make no mistake, there will be some hard choices that will confront this nation for the next 4 years so having […]
A Housing Led Recession. Four Key Indicators Showing that this Recession will be Led by Housing.
With the emergency rate cut by the Federal Reserve, it is not a question about going into a recession but how deep of a recession it will be. The markets have not bounced aside from a few sectors including those bottom fishing in the financial sectors thinking a bail out is in the works or […]
Recession Investing: Where to Invest When the Market is Going Down.
It isn’t a secret that the overall economy is entering into a rough patch. The declining housing market, poor retail sales, and overall debt are breaking the back of the economic machine that is the U S of A. As an investor, what can you do to protect your wealth during these hard times? First, […]