It’s about to move into commercial real estate (emphasis mine):
Investors who bought into the deal were confident that real-estate manager Tishman Speyer would be able to greatly boost profits by raising rents in Manhattan’s sizzling apartment market. But today, the 56-building, 11,000-apartment property is suffering from a slowing New York economy, a lawsuit that has [...]
Continue reading about The real estate collapse isn’t over yet
Hope at last!
US To Trade Gold Reserves For Cash Through Cash4Gold.com
Makes as much sense as any of the financial plans coming out of Congress and the Administration these days. ..bruce w..
I honestly don’t blame the administration for talking up the economy over the past few months. I am sure they wanted to see if they could nudge Americans into coming out of the bunkers and buying again. It worked for George Bush after 9-11, maybe they can give it one more go?
Sadly, Sally and [...]
Continue reading about Global Economic Indicators Still Cold
MORNING LINKS
ITEM: Speaking of swine flu hysteria, this may be a good time to invest in pork belly futures – there may be a shortage soon.
ITEM: Yet another way in which Western Europeans are looking for the US to help them financially.
ITEM: Here’s a slideshow of items from the Michael Jackson Neverland Ranch auction. Some [...]
MORNING LINKS — yeah, I’m up early
ITEM: Jim Lindgren over at the Volokh Conspiracy does the simple investigation that no news organization (except possibly Fox) seems willing or able to do. His finding: states with the highest unemployment rates have high tax and unionization rates, while states with the lowest unemployment rates have low tax [...]