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The Real Unemployment Rate Increased Again in February

The official unemployment rate published by the Bureau of Labor Statistics (BLS) held steady for the month of February at 9.7%. Economists and market pundits are already declaring that these numbers indicate that the job market is showing signs...

Strong Vehicle Sales in August Could Be Bad For the Economy

U.S. vehicle sales spiked during the month of August as buyers rushed to take advantage of the government’s cash-for-clunkers program. The seasonally adjusted annual rate (SAAR) came in at 14.09 million vehicles. That is the highest it’s...

Could Mass Layoffs Return Next Year?

We have just come through a seemingly strong earnings season. I say strong, because 25 out of the 30 Dow stock components reported earnings that exceeded Wall Street’s consensus estimate. However, to be perfectly honest, Wall Street has set...

6 Ways To Capitalize On A Recovery In The Real Estate Markets

It seems like signs of economic recovery are beginning to pop up everywhere these days. Even reports that would have been interpreted as bearish just a few months ago are now being viewed as positive by the markets. It seems that almost everyone...

Americans Are Flocking To Cheaper Foreign Cars

July auto sales were released yesterday and one clear theme that comes across is that Americans are now looking to buy cheaper foreign cars. Auto sales for Hyundai, Kia and Subaru soared in July while the only other manufacturer to post a growth...

The Ultra Rich Are Still Buying Cars

November’s auto sales figures were abysmal with U.S. vehicle sales dropping 37%. Hardest hit were the American manufacturers with Chrysler leading the way with a 47% drop. General Motors and Ford didn’t do much better either with drops of...