Bob CollinsTimes are good again — sort of — for homeowners.
MPR News Reflections and observations on the news
Tag: Economy
Given that there’s been so much written and reported about the haves, have-somes, have-most, and have-nots, in the last few years, there seems to be more at work here in people’s incorrect perceptions of the distribution of wealth in the U.S.
I’ve written in the past about how most economic news seems to revolve around a basic fact that experts got something wrong. They do so with alarming frequency. If the market collapses today, it’s because someone’s earnings didn’t meet expectations. When the unemployment rate is news, is when it is above or below what was Read more →
The hurricane boomIn the wake of yesterday’s election, Wall Street had its temper tantrum today, closing down more than 300 points in one of the worst days in years. Analysts tend to make these things up as they go but they’re blaming it on several factors such as four more years of fiscal policies, the coming “fiscal Read more →