Business Cycle & Economics Blog of Caleb Lawrence
Stocks marked losses into the final hour on little real news. The Dubai debt fiasco continues to serve as a reminder of the perils of “creative financing” as the fallout continues. Yesterday saw the release of the Consumer Credit data for October. Credit fell for a record 9th consecutive month, falling 3.5 billion or 1.7%. [...]
A very lengthy read, nonetheless it is an excellent discussion of the current state of residential and commercial real estate and the prognosis going forward for these asset classes, some excerpts below. Emerging Trends in Real Estate 2010 After more than a year spent in suspended animation lagging already shattered housing markets, the commercial real [...]
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
