A look-back to a December 2007 interview with Pete Peterson, Co-Founder, The Blackstone Group; Chairman Emeritus of the Council on Foreign Relations. He comments on the dangerous path that American [...]
Jul 062010
Median US home prices have declined to about $170k from a peak of $230k. 30yr mortgage rates have declined from about 6.6% to 4.69%. So houses are a lot cheaper [...]
Kenneth Rogoff, professor at Harvard University and former chief economist at the International Monetary Fund, talks with Bloomberg’s Susan Li about China’s real estate market and economy. Bloomberg article: HERE [...]
Jul 032010
The best of the webisphere all in one spot for your reading convenience. I must say, this is a shockingly depressing list of titles.
Jul 022010
Howard Davidowitz calls the US economy “a complete disaster”. Everyone’s broke, Americans are facing a -$8 trillion wealth effect from housing, the consumer is broke. We’re “like Japan”. More from [...]
For the first time in years there is a glimmer of hope in the condo market. After falling 20% nationwide and 60% or more in the hardest-hit areas, median condo prices remained flat nationally in the first quarter vs. a year earlier.
Jun 242010
Lengthy interview with the most depressing guy off Wall St. Listen to MP3 Bob Prechter has his followers and has made some good calls in his career. But he has [...]
Take what this guy says with a grain of salt.
Jun 172010
According to MoneySense magazine…graded on value, momentum, economy
Jun 112010
Robert Shiller, an economics professor at Yale University and chief economist at MacroMarkets LLC, talks about the U.S. economy, consumer spending and the outlook for U.S. stocks and the housing market.
