Monthly Archives: November 2009

So, what could this mean for the normally healthy, holiday shopping season? In our view, seasonal retail shopping will likely be anemic. Evidence from recent surveys indicates consumers intend to use cash for their holiday shopping expenditures this year at … Continue reading →

This is an excerpt from my “Moving Markets” newsletter for the month of November. If you’d like to get a complimentary subscription to receive each issue as it’s released, click here: www.usawealthmanagement.com. The pool of consumers that are able to … Continue reading →

The following is an excerpt from my November “Moving Markets” newsletter. If you’d like a complimentary subscription click here: www.usawealthmanagement.com. After this was written, the Federal Reserve predictably left interest rates unchanged. The following excerpt was taken from an AP … Continue reading →

Foreclosures continue to escalate. A story published on CNBC on October 15, 2009 titled, “US Foreclosures Continued to Rise in the 3rd Quarter” stated the following (emphasis mine): “The number of Americans receiving a foreclosure notice in the third quarter … Continue reading →

This from economist Nouriel Roubini quoted in Reuters on October 8, 2009 (emphasis mine): “U.S. housing prices may still fall more than 10 percent, killing an incipient recovery, as demand from first-time home buyers fades, leading economist Nouriel Roubini said … Continue reading →