Wednesday, October 22, 2008
A RETURN TO THE NEW DEAL?
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More details of what has become a worldwide ‘bailout’ of financial institutions are emerging. Are we seeing the return of Roosevelt’s New D...
WILL FED RATE CUTS CONTINUE?
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“The U.S. Federal Reserve and other major central banks moved in concert to slash key interest rates as part of an ongoing effort to quell f...
IS THIS A RECESSION?
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What is the economic definition of a recession, and does it really matter? Pundits tell us that by the time it becomes a headline, the rece...
THE JAPANESE LESSON
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Regardless of the politics, why is Treasury Secretary Paulson (with the support of Fed Chairman Bernanke) in a hurry to buy up $700 billion ...
MARKETS HAVE SHORT TERM MEMORIES
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What was behind the government bailout of Fannie Mae and Freddie Mac? It wasn’t because they were too big to fail. It was because they wer...
Friday, October 3, 2008
ARE HOME PRICES BOTTOMING?
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The S&P/Case-Shiller composite index of 20 metropolitan areas slipped 0.5 percent in June from May, bringing the measure down 15.9 perce...
WHY ARE OIL PRICES FALLING?
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The recent plunge in crude oil price futures—at $108 per light sweet barrel at this writing—will help us in many ways. It is one of the ...
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