EconomicCrisis.US

news, analytics, recommendations

Housing Collapse Erased in Bonds of Homebuilders

Posted under Analytics

Another bubble may be forming in the U.S. housing market, this time in the bonds of homebuilders. Not since July 2007, before the subprime mortgage market collapsed and credit markets froze, have investors accepted relative yields as low as they are now for debt of the nation’s biggest homebuilders. So-called spreads at 4.82 percentage points […]

Economic Health? It’s Relative

Posted under Opinions

With financial markets careening around the world, in January 2009 a newly inaugurated President Obama acknowledged he had to fix the problem pretty fast. “If I don’t have this done in three years,” he told NBC’s Matt Lauer, “then there’s gonna be a one-term proposition.” Today, Republicans around the country are largely campaigning on the […]

Financial Planning During Hard Times

Posted under Recommendations

Despite the fact that the U.S. economy is showing some signs of recovery – albeit a slight and drawn out recovery – many people are still experiencing a great deal of economic hardship in their personal lives. Jobs are still very hard to come by, living expenses are hard to meet, and financial planning has […]

News

U.S. to Get Downgraded Amid Fiscal ‘Theater’

The sovereign credit rating of the U.S. will be cut as “fiscal theater” plays out in the world’s biggest economy, according to Pacific Investment Management Co., which runs the world’s largest bond fund. “The U.S. will get downgraded, it’s a question of when,” Scott Mather, Pimco’s head of global portfolio management, said today in Wellington. […]

Opinions

Economic Health? It’s Relative

With financial markets careening around the world, in January 2009 a newly inaugurated President Obama acknowledged he had to fix the problem pretty fast. “If I don’t have this done in three years,” he told NBC’s Matt Lauer, “then there’s gonna be a one-term proposition.” Today, Republicans around the country are largely campaigning on the […]

News

Economists say US needs more taxes, spending cuts

The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, according to a group of economists. The 236 members of the National Association for Business Economics recently surveyed say the country needs more fiscal stimulus through 2013, but by 2014 it should be time to throttle back. […]

Recommendations

Financial Planning During Hard Times

Despite the fact that the U.S. economy is showing some signs of recovery – albeit a slight and drawn out recovery – many people are still experiencing a great deal of economic hardship in their personal lives. Jobs are still very hard to come by, living expenses are hard to meet, and financial planning has […]