Gross Domestic Product: 40 Percent of the United States GDP comes from 5 States; California, Texas, New York, Florida, and Illinois.
Our gross domestic product contracted in the third quarter of 2008 and is contracting in the forth quarter. There is very little doubt surrounding that. The National Bureau of Economic Research put the start date of our current recession at December of 2007. Simply looking at the employment patterns and trends it appears that this […]
The Main Street Economic Effect: 10 Reasons why This Recession will feel like a Minor Depression.
The investing world is full of cryptic words. Credit default swaps. Seasonal adjustments. Collateralized debt obligations. But for the average American they are interested in how the economic crisis will impact them on a personal level. How does the actions of Wall Street impact their daily lives.
Investing in Foreign Currencies: Recession Proof Investing.
As people panic to find places to store their wealth and preserve what they have earned, you may want to consider having a portion of your investment portfolio in foreign currencies. If you want to know how poorly the market has done over the past year, take a look at the following data:
What is a Recession? California Inflation, GDP, M1 and M3, and the Art of the Federal Reserve.
It shouldn’t come as a shock to you that California has a higher rate of inflation than the rest of the country. If we are to look at historical measures, what should the price of a California home be in 2007 accounting for inflation pressures? Using the CPI for California, which includes all urban consumers […]