Wow and I thought I had a bit of a negative slant on where we were headed economically as a nation.  I catch some flak from friends who tend to see things a bit more optimistically than I do.  However, after a tough day in the markets today and with the DOW falling below 10K for the first time in a while, I felt it was time to take stock again of where we may be  headed next. 

After almost feeling a bit better about our prospects, I run across this articl ... Read More

Among all of the happy talk in the media, all the green shoots and the ever rising stock market, it is nice to see Deutsche Bank come out with such a happy forecast.  Gee, only about half of the mortgages in the U.S. will be upside down by 2011.  That is about double what the current rate is for you sports fans keeping score at home.  Really, check it out.  We couldn't make this up.

I guess that means since bad news is good news these days that we can expe ... Read More

There is no doubt that inflation is unfavorable to development. At some stage in times of inflation, both consumers and firms are adversely affected. In fact, inflation can absolutely cause an expansion in the poverty incidence of a nation and indirectly cause elevated unemployment rates. There are several proposed methods in order to solve the challenge of inflation. Basically, these solutions require government intervention. Finished are the days when the prices and the tide of the Economy ... Read More

Wanted to do a quick update on where I think we are in these great unchartered waters.  Today the market closed up 96 pts right at 8500 on the DOW.  It seems like things just want to keep going up for now.  I was thinking this morning that the fundamentals may not matter anymore and I am kind of on the fence with those thoughts.  What I mean is we keep hearing about recovery this and recovery that but what is it all really based on?  The market is up over 30% from the ... Read More