America's Economic Future – A Discussion By Ted Kavadas
On May 9 Zillow.com released a Press Release titled “First Quarter Home Value Declines Match Worst of Housing Recession; Bottom Unlikely to Appear Before 2012” with the subtitle “Home Values Show Sharpest Quarterly Decline Since 2008; Negative Equity Rises to 28.4% According to Q1 2011 Zillow® Real Estate Market Reports” (Other stories regarding this Press …
On February 14 I wrote a post titled “Milton Friedman ‘Free to Choose’ Videos – The Complete Set”. Of note, this series is from 1980. As such, many might dismiss the series as irrelevant and outdated. However, the series (and book of the same title) is highly relevant to today’s economic situation. Virtually all of …
I think it is important to reflect back upon the events preceding and during The Financial Crisis, and the actions taken during those periods, as they have had, and will have, substantial ramifications for our future economic situation. I have found comments made by former President George W. Bush to be interesting and notable, although …
As I have commented previously, as in the October 6, 2009 post, in my opinion the official methodologies used to measure the various job loss and unemployment statistics do not provide an accurate depiction; they serve to understate the severity of unemployment. However, even if one chooses to look at the official statistics, the following charts …
Starting on May 3, 2010 I have written posts concerning the notable divergence that has occurred between the S&P500 and Chinese (Shanghai Composite) stock markets. Since that May post, the divergence has grown. The chart below illustrates this divergence; it shows the S&P500 vs. the Shanghai Composite on a daily basis, LOG scale, since 2006: (click …
This post is an update to previous posts concerning food stamps. The program is officially called “Supplemental Nutrition Assistance Program,” or SNAP. As stated on the SNAP website, “As of Oct. 1, 2008, Supplemental Nutrition Assistance Program (SNAP) is the new name for the federal Food Stamp Program.” The data was last updated April 29, 2011, reflecting …
Lately there have been a variety of opinions and articles stating that the decline of the U.S. Dollar is either not something to be (unduly) concerned about, or even that such a falling U.S. Dollar will be beneficial. The logic behind these opinions is various. One, that is particularly notable, is that the U.S. Dollar …
U.S. Dollar weakness is a foremost concern of mine. As such, I have extensively written about it. I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar. Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits. The negative …
On January 10 I wrote, on the Seeking Alpha site, an article titled “10 ‘Front and Center’ Problem Areas That Pose a Threat to the Economy.” I would like to briefly update my thoughts on these “Problem Areas” as I continue to believe they are very important. Three factors of the ten seem to be …