Posts Tagged ‘U.S. economy’

Michael “Air” Jordan Sees $15 Mil Disappear into Thin Air

Michael

New home sales are down. They're only a small part of the much larger housing market, but their numbers are important to the U.S. economy in terms of job creation along with being a strong indicator of builder confidence... (Continue reading)

The Faux Debate Over the Farcical Cliff that’s Hurting the Rest of US

The Faux Debate Over the Farcical Cliff that’s Hurting the Rest of US

I'm not the least bit worried that the Republicans and the Democrats won't come together right before the holidays to forge some ill-conceived, witless, and entirely cowardly compromise that only kicks the proverbial can down the road even further... it... (Continue reading)

Home sales contracts are falling apart 2X as fast as last year

Home sales contracts are falling apart 2X as fast as last year

Why? Well, according to the Realtors, it's credit scores and appraisals coming in too low. Well shave my head and call me Baldy... what do you know about that? I certainly do declare, how can such a... (Continue reading)

Mandelman’s Overview of Economic News That Matters

Mandelman's Overview of Economic News That Matters

So, there you have it... a veritable cornucopia of bad news... and all of it from CNBC, a cable news channel that normally broadcasts nothing but bull... markets. Bull markets... that's what I meant. But, it's getting impossible... (Continue reading)

Last person out, turn off the lights, and bring the flag…

Last person out, turn off the lights, and bring the flag…

The overriding theme was that this country missed the opportunity "to rein in (our) largest financial institutions," and they are now driving our national bus. Even in light of what's transpired over the last few years, we've allowed them... (Continue reading)