Christmas, and then inevitably New Year’s has come and gone. While the stock market seems to have stabilized, business media types continue to latch on to all manner of bad news. It does strike me as completely ironic that I wake up and look out of my bedroom window to see that my neighbor’s attractive [...]
About bdubuc
Another Point of Light, guest post by Brian Dubuc
Recent news stories about the federal plan to support the U.S. financial system explain that the Treasury Secretary Hank Paulsen has shifted the focus of this effort from purchasing suspect mortgage backed securities to other non-real estate backed securities and bank capitalization. The question is why? If you are looking for that pony in the [...]
Am I the only person looking for the pony in the pile?
I like to read Bloomberg.com. Their articles are more analytical than you will ever find at CNBC. However, while perusing an article on durable goods numbers, the typical doom and gloom from economists bemoaned the 1.1 percent September drop in orders. Of course, in August, the drop in orders was 4.1 percent. Why the long [...]
September Homesales – up again
Even though it is raining outside (and we need it in North Georgia), it is a great day. Bloomberg is reporting that September homesales increased both month over month and year over year for the second month in a row. This is important as the numbers show that foreclosures and REOs are continuing to drive [...]