While we all worry so much about the auto industry, I find it astounding that we don't pay all that much attention to the battered industries behind the battered housing market.... Read More
While the Realtors and Home Builders and Mortgage Bankers all bask in the glow of the home buyer tax credit extension/expansion, we all need to turn our attention to the real drag on a housing recovery: Foreclosures... Read More
Friday's Labor Department report showed that unemployment rate unexpectedly jumped to 10.2 percent in October, even though the pace of job losses slowed... Read More
Earlier this week, the Federal Reserve kept its federal funds rate unchanged in a range of zero to 0.25 percent, and said the economy "continued to pick up" since its last meeting... Read More