"The combination of rising delinquencies, higher foreclosures, more housing inventories, increasing interest rates on many mortgages and greatly reduced availability of mortgages due to limited liquidity is creating what we call a near-perfect storm for housing."
Kerry Killinger, CEO Washington Mutual, September 10, 2007
by Doug Noland | Mar 12
Speculation and optimism have returned in force.
Read moreby Martin Hutchinson | Mar 8
With the retirement of Fed Vice Chairman Donald Kohn, President Obama now has the right to appoint three Fed governors.
Read moreby Gordon Ringoen | Mar 5
There are no silver bullets to solve our looming energy crisis, resource depletion, and environmental pollution.
Read moreby Dr. Donald Perry | Mar 3
The answer is not blowing in the wind
Enthusiasm for wind power blows over key issues confronting this alternative energy source.
Read more|
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