Category Archives: economy

Housing sales up signifcantly in high foreclosere states

Good news on the foreclosre resale front… Year over year sales… Nevada + 134%California +85%Florida + 12.5%Arizona +43% The market appears to be functioning as a clearing mechanism in these foreclosure heavy states. The world is NOT coming to an … Continue reading

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Unemployment rate during FDR reign

Not a pretty picture. Hint, the lowest wsa 8.7% in 1930, all the rest were in double digits, ending at 14.6% in 1940. Obama the next FDR?

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Are you worried your bank might fail?

asks todays Fox business news poll. And the answer is… 21% seems like a pretty high number! This must be related to a recent ABC news poll that states that the consumer hasn’t been this gloomy in over 27 years.

Posted in economy, gloom and doom | Leave a comment