The Radford Free Press – Page 460 – All life is problem solving.

Economics / foreclosures, mortgages, real estate, recession, recovery, unemployment /

The Mortgage Crisis

August 20, 2009

In my post earlier today I argued that the recovery would be constrained by the state of the job market and that we may well have two parallel economies for a while until the employment situation improved and sparked an increase in consumer confidence. The latest data on home mortgages seems to support that view. […]

Economics / health care /

Mort Zuckerman: And His Very Bad Analysis

August 20, 2009

Well, he may be a fine and upstanding fellow, but his views on health care reform are just shallow. After having sung the praises of the Financial Times in the last day or two I suppose it was only natural that it would publish a clunker. It duly obliged in the form of an op-ed […]

Economics / jobs, leading indicators, recession, recovery, unemployment, wages /

More Mixed News

August 20, 2009

Today’s data consists of the Leading Indicators index complied by the Conference Board, and the usual weekly report on first time unemployment claims compiled by the government. As has been the case for a while now two different stories are emerging. First the Leading Indicators. The index rose 0.6% last month. Following May’s 1.2% and […]

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