It is interesting to see that hardest hit states from housing are leading gains in employment.  It is important to remember why states like California, Florida, Arizona, and Nevada were growing so fast to warrant the increasing home prices in the first place.  They are very desireable places to live, particularly for the baby boomer...Read More

This article talks about Hedge Fund Investor Daniel Loeb getting more active with Yahoo.  This is a real positive as I have no confidence whatsoever in the Yahoo Board of Directors which have been a disaster ever since they rejected Microsoft’s $31 a share offer. I think that Yahoo should create a tracking stop for...Read More

Bank of America CEO Brian Moynihan was on Bloomberg this morning talking about the U.S. Consumer and his company. He mentions that Bank of America is past the stage of capital concerns, and now the issue is earnings. There are about $2 Billion of additional mortgage related expenses per quarter that will ease over time,...Read More