The Radford Free Press – Page 374 – All life is problem solving.

Economics / home prices, interest rates, real estate, recovery, stimulus, wages /

Real Estate Drifts Lower … Again

July 20, 2010

There is, of course, nom news in the headline that the housing sector is still sliding rather than recovering. The only reason that the decline appeared to have been arrested as the enormous effect of the government stimulus. That poured enough cash – in the form of tax credits – into the industry to limit […]

Economics / consumer confidence, consumption, deficits, GDP, Reagan, recession, recovery, stimulus, unemployment /

Running For The Hills?

July 19, 2010

This was entirely predictable. Or at least for those of us who are not in the thrall of Wall Street optimism peddlers. US consumers are in an ugly mood. Duh. Anyone who expresses surprise at the sharp drop in consumer confidence should henceforth quit the analyst business. This one has been building for some time. […]

Economics / bailouts, Bush, china, consumption, deficits, exports, fiscal policy, GDP, Germany, imports, Obama, Reagan, recovery, Spain, stimulus /

What Went Wrong?

July 13, 2010

Much as I try it is becoming more difficult for me to avoid the thought that we are headed back into recession. Or at least into such low growth that it feels like a recession. If we get much above 1.5% GDP growth for the rest of the year I think we should congratulate ourselves. […]

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