Sep 28 2009

The Long Lost City of Detroit: The Economic and Financial Pain of Motor City. How Detroit went from 1.8 Million to 912,000 Residents. 28.9 Percent Unemployment.

There is no other city in the United States that highlights the Achilles Heel of the current financial crisis like Detroit Michigan.  Detroit Michigan had a booming population from 1870 to 1950.  In 1870 Detroit had 79,577 residents and in 1950 Detroit had a stunning 1.8 million.  The massive boom came with the growth of […]

Sep 15 2009

S&P 500 is The New Bubble: Current S&P 500 Value is Betting on Return to Bubble Peak, Housing Mania, and 4 Percent Unemployment.

One question that seems to pop up every so often is whether the S&P 500 is overvalued.  To put it simply, it is hyper-valued.  From the 666 low reached in March the index has rallied 57 percent.  Unfortunately much of the rally is based on temporary government stimulus, the U.S. Treasury and Federal Reserve trashing […]

Aug 9 2009

California Budget Miscalculation: The $60 Billion Budget Gap. Cargo Levels near Decade Lows. Why the Financial Recovery will come last to California.

The largest singular economy in the United States is still facing a fiscal mess.  California is still trying to grapple with the budget deal that is now in place.  The challenging part seemed getting a budget passed but the more challenging aspect of the budget process is enacting the $26 billion in fixes.  Over the […]

Jun 10 2009

The Economic Recovery Decoy: Bank Refuge and Auto and Home Sales Plummet. Two Largest Purchases for Americans still Treading Water. Number of Renters Increases by 748,000 in one Quarter.

When I hear about the banks and Wall Street returning TARP money to the government I can’t help to think of a successful Trojan Horse hitting our economy from within.  The initial rush to back an unprecedented bailout for the sake of the economy actually turned out to be a strategic looting of the American […]

Jun 8 2009

Tracking the Great Recession: Global Industrial Output and World Stock Markets Following the Great Depression.

How the investing world quickly forgets.  If we go back into the distant future of March 2009, you would remember that on a panic filled day, the S&P 500 flirted with the 666 low.  Since that day, the S&P 500 has rallied an astonishing 41 percent in only a 3-month period.  Yet as astonishing as […]

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