By Larry Doyle on Mar 2, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Deficit, Economic Stimulus, Economy, Employment, Equity Markets, Fannie Mae, Freddie Mac, Global Finance, Housing & Housing Crisis, Sense on Cents (Larry Doyle blog), Unemployment, Wall Street | 12 Comments
Warren Buffett’s annual letter to shareholders is always a highly anticipated event by market participants. Given the fact that Berkshire is effectively a diversified holdings company, Buffett has a unique perspective into a wide array of businesses. He also has the wisdom of investing over many years and through many challenging markets. Well, if misery [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | 13 Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February: Let’s review my specific projections from the January 2009 Recap:
By Larry Doyle on Feb 28, 2009 in American Consumers, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Economy, Employment, Equity Markets, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Wall Street | 48 Comments
The mortgage interest deduction has been a cornerstone of American tax and housing policy. In fact, I can’t count the number of times I conversed with my accountant about maintaining mortgage debt based upon the feeling it was the one deduction the government would never touch. Well, never just pulled into the driveway! For clarification [...]
By Larry Doyle on Feb 27, 2009 in American Consumers, Commerce, Current Affairs, Democratic Party, Economy, Employment, Equity Markets, Joe Biden, Mortgage Crisis, Real Estate, Unemployment, Wall Street | 65 Comments
Economic and budgetary analysis by their very nature often employ a “ceteris paribus” approach or similarly base line assumptions. Ceteris paribus, translated as “all other things being equal,” or base line assumptions are necessary given the fact that economic analysis has so many variables. Well, let me share with you that ceteris are NEVER paribus [...]