Tag Archives: double dip recession

Are We Headed For A Double-Dip Recession?

Most of the economic news I’ve heard over the past three months has been bad and I keep hearing more and more references to a double-dip recession. So are things today as bad as they were in September 2008? I … Continue reading

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Should You Save For Your Retirement Or Pay Off Your Mortgage?

If you can earn more money by investing it than in paying off your mortgage, then of course you should invest it. But where do you look these days for investment returns? T-bills pay almost no interest. The stock market … Continue reading

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Housing Prices Hit New Low

1pm PST. Charlie Gasparino on Fox News questions the hundreds of billions of dollars spent to fire up the housing industry. After massive government subsidies, the economy is flat and home prices are hitting record lows. What was the point … Continue reading

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Why Are We Promoting Policies That Got Us Into This Mess?

Politicians are trying all sorts of things to restart the housing market, including policies that created the mess we’re in. The FHA is insuring all sorts of questionable loans with low down payments and that require a ridiculous proportion of … Continue reading

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Federal Reserve Struggles To Loosen Credit Market

The Federal Reserve is operating a program to buy over one trillion dollars worth of mortgage-backed securities. This keeps mortgage interest rates at record lows. This program is expensive and members of the Federal Reserve board are arguing about whether … Continue reading

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