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Why Are Investors Surprised By Housing Slump?

Am I missing something here?

The news of the day seems to be that Stocks slip after new-home sales tumble . Really? I mean, I just don’t get this, This assumes that investors were expecting home sales to remain steady, possibly even rising. But that doesn’t make any sense.

I’m not an expert or an economist by [...]

Inflation Winners And Losers.

We often hear that the record spending of the U.S. federal government is going to lead to an increase in inflation – either a moderate increase of 3-4% or hyperinflation on par with Weimar Germany of the 1920′s, depending on who you listen to. I’m not going to get into the hyperinflation debate, but I [...]

Could You Live off Credit Card Rewards Points? This man is. (VIDEO)

Could you live off the rewards points and frequent-flier miles you’ve racked up on your credit card over the years? This man is. He’s a former executive from Southern California who’s become homeless since the bottom fell out of the economy in 2008.

He’s so far managed to keep his food bill to around $5 per [...]

Up Next: A Social Security Bailout?

Yes, you read that right. The U.S. taxpayer could be on the hook yet again for another bailout in the next year or so – this time for Social Security! This according to an article by Allan Sloan (Fortune magazine’s senior editor at large).

It’s long been common knowledge that the Social Security system is deeply [...]