Interesting insights in a report on the MarketingCharts website: More than one-quarter (27%) of American homeowners say that the current economic environment is causing them to put their plans to buy a new or existing home on hold, according to (pdf) a new Ipsos Public Affairs poll conducted on behalf of Realogy. Among those who [...]

To the rest of the world (from Bloomberg): Eighteen months ago, U.S. Treasury Secretary Henry Paulson told an audience at the Shanghai Futures Exchange that China risked trillions of dollars in lost economic potential unless it freed up its capital markets. “An open, competitive, and liberalized financial market can effectively allocate scarce resources in a [...]

I saw this quote from Alan Greenspan and it made me smirk: Don’t use Fed as a ‘magical piggy bank’ He’s referring to the recent Federal spending splurge, bailouts, tax payer refunds, the housing bill… the list goes on. That giant sucking sound Ross Perot used to talk about is actually a giant crane sound [...]