It has been a year since I penned the last chapter in a series on the housing market, and it’s time to look at what transpired since last summer and fall. The affordability factor has worsened, there are rising interest rates for mortgage debt, prices remain elevated...
One of the first signals that indicate a recession may be on the horizon is consumer sentiment. It’s worth repeating that roughly 70% of U.S. gross domestic product (GDP) is determined by personal consumption, and that factor dominates its performance. Today’s GDPNow...
The widening wealth gap between the haves and the have-nots has been a scarcely discussed topic in the traditional media. Whether the fat cats who own the mega-media outlets want to suppress this discussion, I’ll leave up to you to decide… but what’s...
Either You’re Rich or Poor – There’s No Middle Class Left! Dear Reader, It’s been ten years since the 2008 financial crisis and the demise of Lehman Brothers, and the shock waves of the cataclysmic event can still be felt throughout the Western World, whether good or...
Your Attention to the Future Needs to be Laser-Focused Dear Reader, We all know the numbers that come from the government are hardly believable, but it’s hard to argue with a 3.9% unemployment rate and stocks near all-time highs. One of the common things that I repeat...