See that “little” down tick to the right of the chart below? That is the loest piont in the last 4 decades. Yes, we are see in a housing depression and the fact is that there is still too much backlog and way too much overall inventory.
What does this mean...
Some of the more interesting and important items for February 25th :
Fannie Mae, Freddie Mac Seek $3.1 Billion Amid Improved Earnings – Bloomberg – Freddie Mac and Fannie Mae, the mortgage-finance companies operating under U.S. conservatorship, requested another $3.1 billion in Treasury Department aid as they reported quarterly earnings reflecting...
In our last episode, we talked about how the easiest way to gain portfolio diversification was by using two major exchange traded funds. To recap, you’ve probably heard that you should have a mix of stocks and bonds in your portfolio””one ratio that gets thrown around a...
There is no question that inflation is not only creeping into the U.S. economy anymore. Even as the Fed speakers like to talk about the CPI ex-items to prove their case, already the EU and England have publicly said that they are on alert to tighten as inflation is ticking...
Some of the more interesting and important items for February 21st :
If Libyan unrest spreads, gas could reach $5 – USATODAY.com – If political unrest in Libya spreads to other oil-rich countries and the ensuing chaos disrupts crude oil production, gas prices could hit $5 a gallon by peak summer...
