Daily Archives: June 22, 2011

Home Sales at 13 Year Low & Going Lower!

Home sales dropped almost 4% in May, 2011. At their current selling pace, they’ll exceed the 13 year low reached last year. Why? High unemployment and severe under-employment and dropping to stagnant wage and salary growth? Yes, that’s part of … Continue reading

Posted in Economics, Events, Misc, Miscellaneous, News, United States | Tagged , , , , ,

U.S. Federal Reserve Warning – – Sell Everything (almost)!

This morning, the Federal Reserve Open Market Committee announced that it will NOT continue stimulus packages after QEII ends in June, 2011. Additionally, they stated that they will hold interest rates near zero, “. . .for an extended period of … Continue reading

Posted in Disasters, Economics, Events, Forecast, Misc, Miscellaneous, News, Predictions, The US Dollar, U.S. Federal Government, United States | Tagged , , , , , | 1 Comment