Beyond Bailouts 
Sunday Night Futures(Comments Off)
The U.S. futures are off tonight:From CNBC: Pre-Market Data shows the S&P 500 off about 11 points or 1%. Dow futures are off about 100 points.CBOT mini-sized DowAnd the Asian markets are in the red with most indexes off about 2%.And a graph of the Asi…
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Shiller on a Double Dip Recession
Professor Shiller is worried about social psychology (I tend to be much more data driven).From Robert Shiller in the NY Times: Fear of a Double Dip Could Cause One [T]here is still a real risk of a double-dip recession, though it can’t be quantified …
More Accidental Landlords
From Sharon Stangenes at the Chicago Tribune: Renting what you can’t sellWhen Ed Amaya put his Oak Park bungalow up for sale in mid-2007, homes in his neighborhood sold in a matter of days, weeks at the most.”We had some showings; got close to a deal,”…
Too many homes? Build more …
From David Streitfeld in the NY Times: In City of Homes That Sit Empty, Building Booms Home prices in Las Vegas are down by 60 percent from 2006 in one of the steepest descents in modern times. There are 9,517 spanking new houses sitting empty. An addi…