Keyword: economics
FDIC calls bank closures a short term ill but closure rates remain high
In 2007, the FDIC seized only 3 banks, in 2008 they shut down 25, and in 2009, 130 banks failed! We’re only finishing out the second quarter of 2010 and 86 banks have already been seized. Florida, Georgia and Illinois have been hit the hardest so far this year, accounting for a combined 44% of all bank closings. We predicted ...
The dubious resting place of TARP funds
Where did all that money go? In case you’ve forgotten, the Troubled Asset Relief Program (TARP) is one of the biggest financial bailouts in history, and yet somehow, the public isn’t acutely aware of where the money went. For example, in total, members of the Senate Committee on Banking, the Senate Finance Committee, Housing and Urban Affairs, and the House ...
Online Economic Indicator Overview Tool
Take a look Russell Investments has developed an online tool for financial advisors called their “Economic Indicators Dashboard” that allows people to get a bird’s eye view of the main economic indicators and points to whether or not our economy is currently in. Right now, you can tell that interest rates are high, mortgage delinquencies are nearly off the chart, ...
Cost of Living Calculator
Reality Check CNNMoney.com recently developed a “cost of living calculator” that can act as a reality check for either yourself or a client moving across the country. Let’s say your home seller is moving to another coast and needs to know what salary bump to ask for, this is a great tool. If your investment client is simply throwing darts ...
15 Gas Saving Tips for Agents
Gas got your tounge? In these times when everything from apples to zucchini is going up, and you need a small loan to fill up the tank, we’re all looking for money saving tips. Here are a few to get you started: Consolidate your travel If you service your own listings, set aside a day of the week for exactly that ...













