The Radford Free Press – Page 368 – All life is problem solving.

Economics / existing home sales, home prices, real estate, stimulus /

Housing Implodes … Again

August 24, 2010

In a sharp confirmation of the power of government stimulus the existing housing market slumped last month. And I mean slumped. Sales of existing homes fell 27.2% to an annual rate of 3.83 million in July. That drop was the largest one month decline ever. The only thing propping up our housing market over the […]

Economics / consumption, interest rates, Investment, Keynes, recession, recovery, stimulus, stock market /

An Answer To Carl: All Cash and Nowhere to Invest

August 22, 2010

My longtime friend Carl wrote this: “If business is making profits then the market should reflect that and invite participation‰Û? But where is one to join in (invest) in order to share in those profits. Banks pay nothing for the use of private cash deposits‰Û? the stock market is no longer trusted‰Û? Where is it? […]

Economics / bond markets, deflation, interest rates, stimulus, US government bonds /

Bond Market Warning Signs

August 20, 2010

Given the continuing focus of those with the most influence on the need to placate the bond market I feel I am required – duty bound almost – to point out that the US government 2 year bond rate is now at 0.45%. That’s the lowest level on record. On record. Ever. The 10 year […]