
Assumingthebestbutgettingtheworst DeariTulip,
SoI'mreadingmyfavoritefinancialnewssourceYahoo!FinanceandcomeacrossthisarticleYourHouse:BreakingtheBankthatsays:Ifyou'vebeenreadingMoneyMagazineforanylengthoftime,yousurelygetthatsavingforretirementshouldbeyourtopfinancialpriority.Evenso,thepastdecade'seasyappreciationinhomevalueshasmadesuchfundamentaladviceseem,well,alotlessurgent....[
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PerfectTimingGW!
NationalHomeownershipMonth,June-2007
RSSFeedWhiteHouseNews
AProclamationbythePresidentoftheUnitedStatesofAmerica
OwningahomeispartoftheAmericandream,andNationalHomeownershipMonthisanopportunitytoencourageourcitizenstoexplorethebenefitsofowningahome.
Owningahomeprovidesasourceofsecurityandstabilityformanyofourcitizens.MyAdministrationiscommittedtofosteringanowne...[
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Housingbubblestillinflatingmannfm11
NEW8/27/200710:27:07AM Thereisbadinformationoutthere.Ithaspeoplelookingforabottomwhenthereisnobottominsight.Idon'tthinktheprosperityoftheUSAsuddenlywenttosuchnewheightsthatolddataaboutnewhomessaleshasbecomeirrelevant.Infact,IbelievethattheprosperityoftheaverageJoehasinfactdeclinedoverthepast...[
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BankLendingMayFeelBiteofCreditStorm
"Withtherecenttroubleinsubprime,lendersarequestioningthesafetyofholdingsuchpaper.Theamountofasset-backedcommercialpaperoutstandingfellby$77billion,or6.8%,to$1.06trillion--thebiggestpercentagedeclineever.
TheflightintoTreasurybillsandthedropintheamountofasset-backedcommercialpapermaybecloselylinked.Credit-ratingprovidershaveonlyjustbegundowngradingth...[
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JustHowMuchTroubleAreTheBigUSBanksIn?
FNArenaNews-August272007
ByGregPeel
HistorybooksarealreadybeingupdatedtoincludethesupposedstrokeofgeniuswhichwastheFed'sloweringofthediscountratetwoFridaysago.Inmakingthismove,andnotimmediatelyslashingthecashrate,observershavesuggestedFedchairmanBenBernanke'sreputationhasbeenelevatedto"rockstarstatus".Onlyahigherbeingcouldhavecalmedthewatersso...[
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It'saShoeIn
byPeterSchiff
Thecurrenteconomicdebatereallyboilsdowntooneessentialquestion:"Willtherebearecession?"Tome,thequestionhasaboutasmuchvitalityasdebatingwhetherRogerClemenswillbeinductedintotheBaseballHallofFame.(Withover300winsandmorestrikeoutsthananyotherpitcherbesidesNolanRyan,theRocketisasurethingforCooperstown).Similarly,arecessionisnotaquestionof"if"butmerelyof"when".
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BraceyourselffortheinsolvencycrunchPostedbyAmbrose Evans-Pritchardon23Aug2007 at 17:38
Tags: Economics,Markets,Insolvencycrunch,SubprimecrisisTheliquiditycrunchisnotyetover:theinsolvencycrunchhashardlybegun.
RepercussionswillfollowforthemanonthestreetYes,investorsarejumpingbackintothestockmarkets,hopingthisisjustanotherroutineshake-out -muchlikeFebruar...[
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PaperlossesAug23rd2007|LONDONANDNEWYORK
FromTheEconomistprinteditionCentralbanksstruggletorestorecalmwithoutbreedingcomplacencyReutersFORthosewhostopshortofstuffingtheirmattresswithbanknotes,money-marketfundsaremeanttobethenextbestthing.Theyinvesttheirclients'moneyinsupposedlysafeandliquidshort-terminstruments.ButasAmerica'smortgagemalaisehasspreadwithshockingalacrityfromonecornerofthecreditma...[
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NoMoreBailoutssmokey
NEW8/25/200710:50:57PM Whatisoccurringnowhasnothingtodowithbailouts.
Bailoutscanonlyhappenwhenthecreditinthesystemissufficienttoovercomethedominoeffectofthecontagioncreatedbycascadingdefaults.
Fordecadesthecreditinthesystemhasbeencomposedoffiatcurrencieswhicharenothingbut"promises-to-pay".Thatis--thecred...[
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...Thereallyscaryprospectformanyhedgefunds,havingsoldofftheirmostvaluableandattractiveassets,isholdingontothehard-to-selljunkthathasbeensignificantlydevaluedamidthemarketswoon.Thathasmanyinvestorsenvisioningmorepainandwaitingformorefalloutfromthefinancials,evenasCapitolHillandtheFederalReserveattemptbelatedlytosalvethemarket'swounds.Accordingtothehf-implodeWebsite,13otherfundsincludingAustralianfu...[
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