5 Key Housing Stats: Examining the U.S. Housing Market in May 2008.
The debate has shifted in the last few months with many now feeling that the credit crisis is behind us. Many are now looking forward thinking that the worst in the housing market is here and we are now nearing a short-term bottom. However, others have likened the current environment to being in the eye […]
Money Markets, CDs, 401ks, and Savings Accounts that Lose Against Inflation: A Society that Punishes Savers.
One of the unintended consequences of this housing market is the punishment conservative savers are taking. Last month we had the rather astonishing release of data from the Bureau of Labor and Statistics telling us for the month, that inflation was at 0 percent. As disconnected as this is from reality, there is a reason […]
Warren Buffet: Dow 24,000,000. Impossible Returns in an Impossible Stock Market. California Housing $3.4 Million Median.
Many of you I am sure have followed the investment advice from the richest man in the world, Mr. Warren Buffet. There is good reason to follow the Oracle from Omaha. Take a look at historical returns from his Berkshire Hathaway:
Credit Nation: The Back Breaking Debt Problem in the United States.
With so much talk about the credit crisis you would think that many people would realize that not all credit is good for you. So what is the reaction of our central bank leaders? They decide to extend more liquidity to banks but the only problem is the majority of the population is already maxed […]