The Radford Free Press – Page 202 – All life is problem solving.

Economics / consumer confidence, CoreLogic, home prices /

House Prices Bump Up

February 5, 2013

If you believe that one of the depressing factors in recent years has been the deflation of home prices and along with it the erosion of consumer confidence and thus spending, this morning’s news from CoreLogic will be welcome. Home prices jumped 8.3% last year, the fastest rate since 2006. Of this gain only 0.4% […]

Weekly Summary / austerity, Case-Shiller Index, Conference Board, consumer confidence, durable goods, housing starts, incomes, inventories, ISM Index, jobless claims, unemployment /

A Mixed Week Ends Well

February 1, 2013

There was a flurry of economic news this week, most of which was encouraging. The economy is in decent shape. Not great, just decent. We began, on Monday, with a strong showing from durable goods, which grew 4.6% in December. The problem with this is that the growth was skewed by aircraft orders which are […]

Commentary / bank reform, banking, Geithner /

Geithner’s Poor Legacy

January 30, 2013

It’s my turn to comment on Tim Geithner’s unfortunate legacy at the Treasury Department. I think that, by and large, that legacy has to be seen through the lens of Wall Street. He was an ally of Wall Street, he bent over backwards to help Wall Street, and will forever be associated with an overly […]