Archive for the 'Economics' Category

After All the Volatility And All The Promise - All You Get Is A Measly 6.4%

12,463
13,264
Recognize those numbers?
I know that some of you do. And those do should be fatally disappointed with them.
Why?
Because they represent the opening and closing Dow Jones Industrial Average numbers for 2007.
2007 opened at 12,463
2007 closed at 13,264
A whopping 801 point increase for the year.
An increase of 6.4%. For the entire year. (But don’t feel [...]

Filed in Economics No Responses yet

Can You Afford to Lose Any MORE Ground?

This is the performance of your retirement account while you have been investing in the stock market over the last six months. Look familiar? 

 
Take a closer look at the chart - over the last six months the market has been down - despite those huge peaks that you see. That means a negative ROI - and the [...]

Filed in Economics No Responses yet

Brace Yourselves

I have been staring is disbelief at an AP story this morning. Now I know that the AP is not up to the journalistic standards of accuracy as, say, the New York Times or the Washington Post. But the fact is their stuff gets widely distributed and widely read.
The first line is the report was:
“Consumers, [...]

Filed in Economics 2 Comments so far

Ok Ok We’re In a Recession Already

Now, What Are You Going to Do About It?
It looks like the rest of the country is finally waking up to the fact that yes, we really ARE in a recession in the US. A recession that is being led by the decline in real estate values. How can that be, you say. Real estate, [...]

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Housing Cools, Inflation’s Up. See I Told You So . . . .

Two short months ago I wrote about the unbelievable action that the Federal Reserve took to prop up our sagging stock market by injecting billions of dollars into the economy, and that it didn’t take a freshman econ whiz kid to tell that this would undoubtedly lead to an increase in the inflation rate.
Strangely enough [...]

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