FAILURE TO UNDERSTAND THE ISSUES LEADS TO MISGUIDED LEGISLATION
William C. Dunkelberg is Professor of Economics in the College of Literature and Arts , Temple University, and is chairman of the NFIB....
A Closer Look at the Second Leg Down in Housing
Our story so far: Following the 2,000 Dot Com crash, then Fed Chair Alan Greenspan brought Fed Funds rates down to ultra-low levels....
Non FOMC Related Reads
I am S O – B O R E D of all the Fed chatter. Its become meaningless blather, as we now know they are not going to tighten til...
The importance of today’s closing yield in the 10 yr
To put today’s 10 yr note yield of 3.11% into perspective and its huge relevance, taking out the sharp drop in interest rates in...
Just when you thought the Fed couldn’t get more dovish
Just when one thought the FOMC couldn’t get more dovish, they get more dovish, specifically on inflation. They toned down the...
What is Less Than 0% ?
Markets have gone green in reaction to a dovish FOMC Statement, highlighting the softening economic factors: “The economic recovery...
GETTING AROUND (Gas + Auto Expenses)
Bundle.com looks at the total Auto & Gas expenses in the US: > click for interactive graphic hat tip Flowing Data
What Is Driving State Budget Woes? Unemployment
Alternative title: Economic catastrophes are hard . . . > > We have been hearing lots of noise lately about state and sovereign...
May New home sales lowest since at least 1963
Capturing the post home buying tax credit world, May New Home Sales, a measure of contract signings of new homes, was a disaster at 300k...
New Home Sales Plunge 33%
Sales of new homes fell 33% in May 2010. With the expiration of the artificial government demand created by the tax cut left little doubt...