by confoundedinterest17
“A recession is two quarters in a row of negative growth.” — President Clinton, Dec. 19, 2000
My former colleague at Deutsche Bank, Joe Carson, said recently that the US economy is not in a...
by confoundedinterest17
Housing in the US is simply unaffordable for the middle class and low-wage workers. Combine rising food costs and gasoline/heating costs, and we have an economic disaster on our hands.
US existing home sales for June...
by Michael
It is often said that those that refuse to learn from history are doomed to repeat it. More than a decade ago, the Federal Reserve created the most epic housing bubble in...
The real estate market is still as hot as its ever been. Despite rising interest rates over the past few months, the market continues to set new records.
Many anecdotes point to it being a simple farce....