Tag Archives: Unemployment

What You Need to Know About Today’s Horrible Unemployment Report

Today’s unemployment report was terrible. Not only were the 18,000 jobs created more than 100,000 below expectations, but previous months were revised down sharply as well. The deeper you dig into the details, the more troubling this jobs report is. Continue reading

Posted in Economic News, The Daily Hotsheet | Tagged Unemployment | Leave a comment

The lost generation – College graduates go into massive debt and enter a low wage job market

The student loan problem connects very closely to the future success or issues housing will face in the next decade. A large part of the housing machine is based on stable and predictable home price appreciation over long periods of time. Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged bubble, College Tuition, Consumer Debt, Student Loan Debt, Unemployment, Wages | Leave a comment

Kicking the Can to the End of the Road

I am asked all the time what my biggest worry is, and I quickly answer, the European Sovereign Debt Crisis. Of course, then we have to think about the Japanese Sovereign Debt Crisis, followed by the one in the US; but today we will focus on Europe. The biggest bubble in history is the bubble of government debt. It is a bubble in a world full of pins. It will take a great deal of luck and crisis management to keep it afloat, without wreaking havoc on the financial system and markets of the world. Continue reading

Posted in Economic News, Fresh Perspectives | Tagged Debt, GDP, Greece, Ireland, Unemployment | Leave a comment

Muddle Through, or Crisis?

I think the crucial point will be reached in late 2013. If the bond market sees a serious move to control the deficit, I think they let us “skate.” Then we Muddle Through. But if not, I think we begin to see some real push-back on rates then. Continue reading

Posted in Banking and Finance, Fresh Perspectives, Home Economics | Tagged GDP, Muddle Through, Unemployment | Leave a comment

Real Estate Industry Unemployment is a Big Economic Drag

The economy will not fully recover until the real estate sector is put back to work. No, it doesn’t have to attain the unsustainable heights of the housing bubble. A return to historic norms will feel like a boom compared to the last 4 years. Continue reading

Posted in Economic News, Fresh Perspectives | Tagged Stimulus, Unemployment | Leave a comment