Nov 19 2008
The Menace that is Deflation: 5 Specific Areas Where Deflation is Already Showing up.
Be very afraid of the “D” word now making the rounds in economic circles. Today the Federal Reserve hinted that we are now tipping into the prospect of deflation. This is very bad from their perspective. In fact, it is a horrifying prospect for the Federal Reserve since every action they have taken in this [...]
Nov 18 2008
Southern California Home Prices at a 67 Month Low: Sales Jump Unseasonably due to Major Price Cuts.
The recent data for the Southern California housing market was released today. A pattern is starting to emerge. Low price homes are helping to increase sales and lower priced areas are also pulling the median price down for the entire region. This is symbolic of the drastic price reduction we have witnessed over the past [...]
