Posted by Davy on July 27th, 2011 in stock screen
After nearly a month away, I return to largely unchanged markets despite constant chatter about the U.S. debt ceiling crisis. Will politicians regain their senses in time to avoid a calamitous default or downgrade? If markets are a discounting mechanism, both bonds and stock are skeptical of such a possibility. I remain skeptical of the [...]
Posted by staff on July 27th, 2011 in Uncategorized
With the slow motion housing crash still in progress and living in one of the nation’s hardest hit areas (northern California), it seems as if I am seeing more signs touting reverse mortgages, much like the “We Buy Houses” signs often stapled onto street poles. As a thirty-something homeowner, I am pretty sure such a [...]
Posted by Davy on July 8th, 2011 in Uncategorized
Hey folks, taking a break and won’t be doing much updating for July but will return in August. Thanks!