For the economy to recover, the housing market must recover. When consumers can barely pay their mortgages, they’re unlikely to spend money on other things – and when consumers don’t…
From Goldfinger to Groundhog Day
Tick. Tick. Tick. It’s like that scene in “Goldfinger,” where the seconds are ticking down and James Bond is trying to defuse the bomb. He succeeds, of course, just in…
Ignoring the Cliff
The fiscal cliff beckons and, as previously predicted, a resolution is unlikely. So let’s ignore the cliff this week and consider what’s happening elsewhere. Viva Europe! Last week was a good…
The Black Cloud in the Silver Lining
All I want for Christmas is a new economy. Ours is broken. While there are a few positive signs that optimists can latch onto, it appears that either the country…