The Japanese tsunami and earthquake are having a greater impact on the U.S. economy than previously expected. According to CNBC.com, “A series of analysts have recently cut their second-quarter gross…
Housing Market Needs Rehab
It wasn’t long ago that housing seemed like the best possible investment. Housing prices just kept going up, up, up. Now 2011 is on track to become the sixth consecutive…
T-Bills, Munis Are Hot … Compared With Everything Else
You could say that the yield on three-month Treasury bills has quintupled this month, which would explain why they are in demand. Or you could say that yields on three-month…
Steroids Running Out For Stock Market
Lackluster economic performance, continuing concern about debt in both Europe and the U.S., and other factors have been pushing the stock market down in recent weeks. Another factor receiving less…
Let’s Hear It for Growth … A Little Louder, Please
You call this a recovery? Typically, the rule is this – the bigger the recession, the stronger the recovery. By any measure, the recent recession was a whopper. Yet gross…
Double Dip Less Likely
Global equities are starting the month off on a positive note. The August Chinese Purchasing Managers’ report came in with better-than-expected results, as did Australia’s Gross Domestic Product. In the…