The first rebound in home prices was lackluster and after only a year was followed by another dip. But the recent upturn in home prices looks like the real thing.
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
Since the recession ended, the economy has never grown fast enough to make up for lost ground – and that’s helping to keep household income depressed for as much as half the population.
The Fed has no good choices. If easy-money ends, the economy will slow even more. But continuing the policy risks inflation.
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
Up until 100 years ago – exactly 100 years ago this weekend, in fact – it wasn’t constitutional for the Federal Government to tax individual incomes.
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
As America slides toward the fiscal cliff, both sides are debating ways to reduce the deficit in 2013 and also over the longer term.