If you have interest, there is a complete timeline at <a href="http://www.wikipedia,com/">www.wikipedia,com</a> on the crisis. For this discussion, the relevant date is the period 2007 and beyond. In the next several blogs, I will post a series of very interesting charts that spell out how the housing bubble formed, the role of subprime mortgages in
I thought this might be an interesting diversion from the debt discussion… According to <a href="http://www.comscore.com">www.comscore.com</a>, the most commonly used App on a smrtphone for the 3 months ended May 2011 was to…. Check the weather! About 80 million Americans [about 30% of the total population] own a smartphone. For the 3 months ended May
I thought this might be an interesting diversion from the debt discussion… According to <a href="http://www.comscore.com">www.comscore.com</a>, the most commonly used App on a smrtphone for the 3 months ended May 2011 was to…. Check the weather! About 80 million Americans [about 30% of the total population] own a smartphone. For the 3 months ended May
In the last blog, we determined that the average decline in housing [utilizing the Case Shiller data] was about 36%, and the average duration of the downturn was about 6 years. Pretty depressing data, for sure. <img class="alignright size-full wp-image-737" title="house1" src="http://ucfunding.com/blog/wp-content/uploads/2011/07/house11.jpg" alt="house1" width="500" height="453" /> The next area of analysis or crystal ball gazing
162. What does this number mean? According to a recent [July 16, 2011] small article that appeared in the print edition of the Wall Street Journal, the number 162 represents this: The number of MONTHS [not weeks] at this year’s [2011] current job growth to drive the unemployment rate [in excess of 9% at the
162. What does this number mean? According to a recent [July 16, 2011] small article that appeared in the print edition of the Wall Street Journal, the number 162 represents this: The number of MONTHS [not weeks] at this year’s [2011] current job growth to drive the unemployment rate [in excess of 9% at the
162. What does this number mean? According to a recent [July 16, 2011] small article that appeared in the print edition of the Wall Street Journal, the number 162 represents this: The number of MONTHS [not weeks] at this year’s [2011] current job growth to drive the unemployment rate [in excess of 9% at the
GOing from bad to worse. The current reading of 90.8 [as of July] is usually seen at the depths of a recession!<img class="alignright size-full wp-image-965" title="NFIBjuly2011" src="http://ucfunding.com/blog/wp-content/uploads/2011/07/NFIBjuly2011.jpg" alt="NFIBjuly2011" width="904" height="655" />
