by Mac Slavo | Dec 16, 2009 | Headline News
Real estate analysts predict continued gloom for Las Vegas, and pretty much the rest of the nation as we approach Mortgage Meltdown: Wave Two. From the Las Vegas Review Journal: While the “subprime tsunami†brought the first wave of foreclosures to Las Vegas, the...
by Mac Slavo | Dec 15, 2009 | Emergency Preparedness, Forecasting, Headline News
If you’ve never heard of or read a report from John Williams, then today is your (un)lucky day. Mr. Williams’, founder of Shadow Stats, is the economic analyst that has brought us the real, unadultered statistics for unemployment (22%) and real GDP...
by Mac Slavo | Dec 15, 2009 | Headline News
A variety of reports today, with mixed interpretations, are sure to keep investors and the general public wondering what the heck is actually going on. After reports last week that retailers are showing growth, we wondered how accurate the numbers actually were in...
by Mac Slavo | Dec 15, 2009 | Forecasting, Headline News
Sometimes, a bailout is not enough. When Dubai World black swanned global investors last month with what amounts to be a reported $80 Billion in debt liabilities, it sent shivers down the spine of many a financial manager and stock trader. For those who were paying...
by Mac Slavo | Dec 14, 2009 | Headline News
Elizabeth Warren, Chair of the Congressional Oversight Panel that is responsible for monitoring TARP funds discusses the successes and failures of the bank bailout, TARP going forward, and what is going on with the middle class in America. Death of the Middle Class...
by Mac Slavo | Dec 13, 2009 | Headline News
Reuters is reporting that White House economists see jobs growth by spring: “I believe that, as do most professional forecasters, that by spring, employment growth will start to be turning positive,” Lawrence Summers, director of the White House National...