Jul 19 2009

Negative Equity Nation for 1 out of 5 Homeowners: The Psychology of the 10 Million American Homeowners with Zero Equity.

Recent data suggests that the number one factor for walking away from a home is negative equity.  For us to understand this dynamic, it is important to understand why someone would leave a home with a mortgage.  According to the U.S. Census Bureau some 51.6 million owner occupied homes have a mortgage.  This is data […]

Jun 24 2009

$100,000 a Year Will Make you Go Broke with the California Tax System: Why California is a Fiscal Disaster. Broken Tax Structure built on Bubbles.

It is amazing how little attention on a national scale the California debacle is getting.  California alone is the 8th largest economy in the world and contributes $1.8 trillion a year to the national GDP.  In the mainstream press, all you hear is sound bites of “there goes California” yet the state is teetering on […]

May 15 2009

The New American Austerity: Getting By with Less Debt and Less Money. In What Sectors are Americans Spending Less Money?

The Census Bureau reported on Wednesday that for the month of April retail sales came in at $337 billion, a decrease of 0.4 percent from the month before.  The market reacted to this news and headed lower.  If we pry into the data beyond the headline number, we will see that retail sales are actually […]

Apr 26 2009

20,000 Americans Lose Their Job Each day but we Still Bailout Wall Street and Banks: 4 Charts Highlighting this Historical Financial Crisis. GDP, Inflation, Industrial Production, and Excess Reserves.

Four banks and one credit institution failed on Friday.  This is now becoming a common Friday ritual.  On February 13 four banks were also taken over by the FDIC.  Multiple bank failures on one day are now growing in size.  Yet the FDIC is quickly blazing through their insurance fund and soon, the taxpayer is […]

Mar 8 2009

Stock Market Volatility Back Again: The S&P 500 has had 3 Major 10+ Percent Moves to Downside Already in 2009: -13.8%, -14.4%, and -11.1%. Market Volatility a Sign of Unhealthy Markets, and We’ve only gone through 2 Full Months.

The S&P 500 has lost 26% of its value in 2009 and we are only in March.  This comes on the back of the S&P 500 losing 36% of its value in 2008.  Market volatility is typically a sign of major uncertainty and while we did have a slightly stable period once we bounced off […]

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