Or did it? How do voters feel about the economy? Why not ask consumers in general? According to … [Read more...]
Retail sales fall again in June, third straight month of decline
Across the board. Falling consumer confidence led to a third straight month of contraction in the … [Read more...]
Gallup and Rasmussen agree: Consumer confidence plunging in June
Wreckovery Summer III: Food Stamp Explosion. And it’s not as if it was all that terrific … [Read more...]
Consumer confidence plunged in May, more long-term jobless to be cut loose
But perhaps a bottom in the housing market. The news from today’s economic indicators was … [Read more...]
HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government offers to bring them their check and validate their parking
It seems that the Department of Housing and Urban Development’s Inspector General has been … [Read more...]
Books That Matter: Crisis Economics, by Nouriel Roubini & Stephen Mihm
I just finished reading: Crisis Economics – A Crash Course in the Future of Finance, by Nouriel … [Read more...]
False recovery?
Doesn’t anyone see that if “financial services” accounts for 40% of our GDP that … [Read more...]
Beazer Homes to post 3Q results
"The company is expected to report a quarterly loss for the three months ended June 30, reflecting … [Read more...]