U.S. Treasury Summary of Receipts and Outlays for the U.S. Government: If Your Budget Looked Like this, You would be out on the Street.
It comes as no surprise that the U.S. government spends more than it takes in. We all know this. But what are the funding sources for the U.S. government? Meaning, who cuts their monthly pay? It is easy to get caught up in the talk of large numbers but you have to think of the budget of our country as you would any other budget. Most Americans are trying to make it buy with wages that are stagnant while the government spends as if it has a no-limit American Express card.
Dow Jones Industrial Average on Pace for top 3 Worst Performing Year since 1896: Understanding one of the Most Followed Industrial Averages.
The Dow Jones Industrial Average (DJIA) is closely followed by those here at home but also those around the world. It is the oldest continuing U.S. market index. The DJIA is the best-known market indicator simply because it has one of the longest histories and many have grown accustomed to following the index. Since the U.S. Treasury and Fed want to punish savers and force people into the markets or to spend, it is important to understand what moves the markets. There are many indicators that give a better overall glimpse of the market yet the DJIA is still closely followed.
The Most Comprehensive California Housing Market Analysis: Looking at 11.5 Million Households and 32 Counties. Investing in California Housing is a Complicated Calculus.
The California housing market has had its worst year on record. 2008 will go down as one of the most difficult and volatile economic years in history. With that said, there is still a lingering notion or profound desire for bargain hunting. Many articles now try to call a bottom in the stock markets by looking at market fundamentals. Similarly many are now trying to call a bottom in housing in particular the California housing market.
How Does Oil Impact the Economy? 3 Major Areas of Economic Consequence: The Impact on Inflation, Consumer Spending, and Auto Sales.
2008 will go down as the year with the highest market volatility. Crisis after crisis seemed to hit us like a continuous barrage of waves from the ocean of economic news. The housing market continued to collapse resembling a housing market so weak, we have to go back to the Great Depression to find a similar time. The credit markets are still in complete disarray.  $50 trillion in global wealth has evaporated in one year. The automakers have fallen on tough times and emblematic symbols of American manufacturing like GM and Ford stand steps away from being dismantled. In 2008 we also saw the incredible oil bubble peak and burst so dramatically that it caused many to pause.