In scouring the foreclosure news this morning, I didn’t come up empty-handed. According to Reuters, “Every 13 seconds in America, there is another foreclosure filing.” It almost sounds like the intro to one of those public service announcements. A point from the article worth noting: A recent pickup in sales and home prices in some regions [...]

Greenbackd posts a photo of the October 5, 2009  issue of Business Week magazine and says “a classic contrarian indicator re-emerges.”

He rescued us. “Today, we’re pointed in the right direction,” Obama said in brief remarks in the Rose Garden hours after the report was released. “While we’ve rescued our economy from catastrophe, we’ve also begun to build a new foundation for growth.” Even so, Obama said: “We have a lot further to go. As far [...]

Amazing interview in U.S News and World Report. The first question is priceless. Interviewer: What surprised you most about the current financial crisis? Suze: That it happened at all. Surprised at that response? On what did she blame the general lack of foresight? CEOs who “went on television and looked in the cameras and told [...]