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    Health Care Debate: How to Keep Score

    September 23, 2009

    We have now entered the critical phase of the debate over health care reform. I have deliberately ignored this issue for weeks because I didn’t see anything constructive going on: the entire month of August was spent in an orgy of extremism and name calling that served only to raise blood pressure and muddy waters. […]

    Economics / banking, commercial real estate, Goldman Sachs, home prices, interest rates, jobs, real estate /

    Housing

    September 22, 2009

    I haven’t commented on the state of the housing market lately so this morning’s release of the monthly home price data compiled by the Federal Housing Finance Agency gives me a chance to rectify that. The news, like so much of what we see and hear at the moment, is very slightly improved over that […]

    Economics / consumption, inventories, jobs, leading indicators, recession, recovery, Say's Law, stimulus, unemployment /

    Upbeat News – Maybe

    September 21, 2009

    This morning’s release of the Conference Board’s Index of Leading Indicators brings us more good news: last month was the fifth straight month that the index gained. Yes the August increase of 0.6% was weaker than either July (0.9%) or June (0.8%), but it keeps the upbeat rhythm going and helps to confirm the growing […]

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