Tag Archives: Consumer Spending

How The Crisis Has Changed Consumer Spending

  “This is the sharpest decline in consumer spending that we have ever seen,” said Luke Tilley, chief economist at Wilmington Trust. All of the charts in this article are based on a New York Times analysis of data from … Continue reading

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The New Economic Stimulus: Default on Your Mortgage?

Jim Cramer had an “Eureka Moment” on his  show last night: When 17 million people cease paying their mortgages… and that’s if everybody does… you have 17 million people losing the biggest monthly payments they have to make, totally at … Continue reading

Posted in Apple, Bonds, Economics, Housing | Tagged , , | 4 Comments