The Radford Free Press – Page 379 – All life is problem solving.

Economics / bailouts, bank reform, banking, Citibank, consumption, deflation, inflation, recession, recovery, retail sales, stimulus, unemployment /

Double Dip?

June 7, 2010

It’s extraordinary how quickly we can go from over-estimating the recovery to near panic over fears of a double dip recession. This volatility of the markets should kill off once and for all the ludicrous notion that markets are somehow ‘efficient’ or ‘rational’. Those two concepts are pillars of text book economics which has now […]

Economics / commercial real estate, consumer confidence, consumption, exports, GDP, imports, inflation, interest rates, inventories, jobs, recession, recovery, stimulus /

Weekly Update: GDP and More

June 3, 2010

Well the economic news seems to have been dwarfed by the ongoing oil spill in the Gulf and the extraordinary events in the Middle East. But there is some news to go over, especially the release last week of the GDP figures for the first quarter. The good news is that the economy is clearly […]

Economics / Case Shiller Index, consumer confidence, consumption, GDP, home prices, real estate /

Home Prices Drop; But Confidence Grows

May 25, 2010

I like being right. Not twenty four hours after I warned that we should expect home prices to drop this year, the Case Shiller index was released for March showing a 0.3% decline. This was a tad better than February’s 0.9% decline, but it continues to demonstrate that the housing market still has a way […]