Usually I don’t post all the regional manufacturing surveys, however with the inventory adjustment over, export growth appearing to slow, and domestic consumer demand sluggish, these surveys might provide a hint of weakness in the manufacturing sector. From the Dallas Fed: Texas Manufacturing Activity Remains Sluggish Texas factory activity rebounded…
mortgage refinance
“It’s time for you to go for a mortgage refinance with bad credit if you have been already missing monthly payments on your existing home mortgages and faced with a possible foreclosure of your homes.This is because such a move could actually help you to save you…
What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Investing for five year goals 2. Music career crossroads 3. The price of fame 4. First steps with no credit…
Ignore all the month to previous month comparisons. May was revised down sharply and that makes the increase look significant. Here is the bottom line: this was the worst June for new home sales on record. The Census Bureau reports New Home Sales in June were at a seasonally adjusted…
Note: This is a composite index based on a number of economic releases. From the Chicago Fed: Index shows economic activity declined in June Led by deterioration in production- and employment-related indicators, the Chicago Fed National Activity Index declined to –0.63 in June , down from +0.31 in May. Three…
Housing market
572 Apple Valley Circle; Michael Maxon and Michelle Maxon; 0,317.
Read more on The Columbus Dispatch
Deeds Recorded – July 25, 2010
The following deeds were recorded at the Lancaster County Courthouse July 12-16.Adamstown BoroughDavid L. Endy conveyed property on a public road to David L. Endy for…
Bonds trade in tight range; 2nd quarter GDP on the way; Corporate profits eyed; 30-year fixed mortgage sets new 40 year record low; Housing numbers beat expectations; European banks checked – Recap of July 19-23 economic news and preview of July 26-30 events Bonds refused to break out of a…
It was announced last week that the stress tests didn’t consider a sovereign default, and here is more … From David Enrich at the WSJ: Europe’s ‘Stress Tests’ Relied on Mild Assumptions (ht jb) In some of the 20 countries that conducted the tests, regulators figured that property values would…
Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. A long while back, I reviewed Bob Sullivan’s excellent book on consumer issues, Gotcha Capitalism . In that book, Bob focused mainly on how companies try to “sneak” surprise fees and costs into their…
The WSJ is quoting Treasury Secretary Timothy Geithner as saying it is time for private investment to take over from government stimulus: “We need to make that transition now to a recovery led by private investment,” Mr. Geithner said Sunday on NBC’s “Meet the Press.” … “I think the most…