Monthly Archives: July 2015

Greece’s Great Depression

Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading

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Pending Home Sales, Mortgage Applications Soar

The Mortgage Corner Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors. Gains in the Northeast and West were offset by small decreases … Continue reading

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What Would Save the Euro?

Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading

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A Good Jobs Report

Financial FAQs Should we push back the first Fed rate hike to the presidential election year of 2016, because of June’s softer-than-expected employment report? Nonfarm payroll growth came in at 223,000 vs expectations for 230,000 and above. It included downward … Continue reading

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