Oxstones Investment Club™WASHINGTON (AP) — The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time […]
Something Is About To Break
From http://macrostory.com site, When Dexia was nationalized I said the clock was now ticking. Counterparty risk was the new threat […]
Country exposure to Greek debt
by Prieur du Plessis, “Greek drama is now no longer confined to the literature class,” says economist Asha Bangalore of […]
Taxi Licenses Outperform Stocks, Oil and Gold
By Charles Mead, Bloomberg, The surging price of New York’s taxi medallions and their promise of steady cash flows have […]
Home Prices Under More Pressure
Home prices are highly seasonal, due to the different mix of homes that sell at different times of the year, […]
Fed Focus: Housing could be key to stronger U.S. rebound
By Mark Felsenthal WASHINGTON (Reuters) – For the U.S. economy, it all comes back to the housing market. A fresh […]
Chinese investment in the US creates jobs, experts say
By Zhang Yuwei (China Daily), NEW YORK – At a time when the United States is going through a slow […]
Home Prices Heading for Triple-Dip
The besieged housing market has even further to fall before home prices really hit rock bottom. According to Fiserv (FISV […]
Occupy Wall Street Hits K Street
By Ari Berman, thenation.com If you want to understand how the top 1 percent have accumulated such power in American […]
A “Spectacular Collapse”: Netflix Loses 800,000 Subscribers, Stock Plunges 35%
In 2010 Netflix CEO Reed Hastings was named Fortune Magazine’s Business Person of the Year. How quickly things change. After […]