From Steadfast Finances
August 31, 2010 at 10:22 pm
Some people say middle class America is alive and as healthy as ever… Pfft!
As the chart clearly shows, 60 plus years of declining manufacturing sector jobs say otherwise. ... (
more)
From Steadfast Finances
August 29, 2010 at 9:31 am
I’m not a political strategist, but it would appear that gentleman like Blodget, Ratigan and Schiff, are not leading our country because because their ideas make way too ... (
more)
From Steadfast Finances
August 28, 2010 at 10:45 am
I’m often amazed at how little the importance between the interest rate on a mortgage and the APR on a mortgage is discussed within the realm of personal finance.
Basically, ... (
more)
From Steadfast Finances
August 27, 2010 at 4:07 pm
Unless you’ve been living under a rock for 2010, strategically defaulting on your mortgage is a growing trend among Americans. Both by business owners who strategically default ... (
more)
From Steadfast Finances
August 26, 2010 at 12:10 pm
I’ve said it before and I’ll say it again: the Internet is the greatest disintermediation force the business world has ever seen and middlemen the world over are being ... (
more)
From Steadfast Finances
August 25, 2010 at 9:17 am
There are multiple reasons why real estate prices continues to fall back to Earth, but one of the most important reasons why homeowners are continuing to lose their homes and adding ... (
more)
From Steadfast Finances
August 23, 2010 at 12:48 pm
Now that the investing world is moving towards a world of total ETFification, I think it’s time we begin giving these fee generating, cash cows catchy ticker symbols that ... (
more)
From Steadfast Finances
August 22, 2010 at 10:11 am
Not surprisingly, the plethora of negative economic news and pessimism has investors fearing a double dip recession and/or a second Great Depression. Few metrics exist that can ... (
more)
From Steadfast Finances
August 21, 2010 at 11:40 am
George Celente of the Trends Research Institute is among the top 5 people in the world I’d like to have a beer with because he’s a master of big picture thinking. He’s ... (
more)
From Steadfast Finances
August 20, 2010 at 9:47 am
I’m a subscriber to the thesis that one can gauge how a population is thinking, and what they may or may not do, by using Google Trends or Google Insights for Search. The ... (
more)
From Steadfast Finances
August 18, 2010 at 2:22 pm
If you don’t know hedge fund manager Kyle Bass, you should. He correctly called the real estate bubble, the obfuscated delusion that housing prices could never go down in ... (
more)
From Steadfast Finances
August 17, 2010 at 7:23 pm
Excellent infographic by the Financial Highway blog on how credit card companies make their money off of folks like you and I. And in case you thought the only way they made money ... (
more)
From Steadfast Finances
August 16, 2010 at 9:22 am
Spooky similarities between The Great Depression stock market crash and the current path of The Great Recession stock market crash.
Will we continue on the path that led the correction ... (
more)
From Steadfast Finances
August 15, 2010 at 11:33 am
Fantastic real estate and banking article in The New York Times today entitled Borrowers Refuse to Pay Billions in Home Equity Loans regarding the fallout of America’s popped ... (
more)
From Steadfast Finances
August 14, 2010 at 10:51 am
Rick Santelli’s knowledge bombs are one of the few reasons I watch CNBC. He’s one of the few who refuses to hype the pro-confidence, “sell the hope” marching ... (
more)
From Steadfast Finances
August 13, 2010 at 1:50 pm
I’ve asked repeatedly during and after the financial crisis why small regional banks and community credit unions haven’t adapted their marketing campaigns ... (
more)
From Steadfast Finances
August 12, 2010 at 11:18 am
[click chart to enlarge]
I prefer to leave stock market predictions to the more outspoken personalities and try to keep my personal own sentiment on the markets ... (
more)
From Steadfast Finances
August 11, 2010 at 2:08 pm
There is a thought provoking post from David Rosenberg posted at The Business Insider this morning regarding the 2008 to 20?? Great Recession resembling the 1930s ... (
more)
From Steadfast Finances
August 9, 2010 at 10:52 am
I occasionally questioned my judgment in raising a medium sized, 2000 square feet vegetable garden when I was covered in dirt and sweat in 90+ degree summer heat, ... (
more)
From Steadfast Finances
August 7, 2010 at 11:17 am
It’s this kind of partisan economics that doesn’t allow me to be a Democrat, even though I’ve said goodbye to the Grand Old Party. In fairness, ... (
more)
From Steadfast Finances
August 5, 2010 at 9:35 am
I get a laugh out of folks who say… speculators have little or no effect in the everyday lives of consumers.
Really?
Wheat futures
Ostensibly, it’s ... (
more)
From Steadfast Finances
August 4, 2010 at 1:07 pm
Now that we live in a world where inflation (e.g. your dollar buys less; prices always rising) is as omnipresent as gravity, is it really that surprising that ... (
more)
From Steadfast Finances
August 2, 2010 at 11:45 pm
Readers beware: this is one of the few occasions I’ll ever allow myself to vent from my political soapbox.
If you’ve followed the SF blog for a while, ... (
more)
From Steadfast Finances
July 31, 2010 at 10:04 pm
You know how the drill works…
Find a product that allows you 100% deniability and inculpability post sale.
Create a demand for that product (long term ... (
more)
From Steadfast Finances
July 29, 2010 at 10:48 am
Depending on your views (optimistic vs. pessimistic) of the housing market, you can probably make a pro or con argument on the future direction of home pricing ... (
more)