Feb 21 2009
Stock Market Volatility is Back: Approaching a Decade of Lost Returns on Investments. The S&P 500 can fall another 42%.
The stock market is off to a horrible start for 2009. Many thought that things could not get worse than what we experienced in 2008. Yet market volatility, a sign of an unhealthy economy, is still with us and appearing again in a ferocious way. From January 4, 2008 to February 21, 2008 the [...]
Jan 12 2009
Homeownership: Is a High Homeownership Rate Good Policy? No. Examining 3 Cycles of Homeownership Data over 100 years and Implications for the Economy.
The current housing crisis has left us with an opportunity to examine the driving issue behind a high homeownership rate. Is it really worth it to push for an economic policy that champions a high homeownership rate? The problem with blanket statements is they usually play into herd mentality and feed into group think. One [...]
