Economic Headwinds from Real Estate Moderate

Written by Steven Hansen This week we have seen various real estate releases.  What these releases are whispering is that the headwinds are abating – but in perspective, the real estate industry remains a mere shadow of its former self.  One of the reasons for the sluggish USA economic recovery is due to real estate: …

Weekly Madness: Markets Up, Economy Growing, Recession Coming

Written by Steven Hansen Interesting week with the Fed saying the economy is improving, the equities markets climbing, and ECRI again stating a recession is near and there is nothing anybody can do about it. Econintersect has been saying the economic rate of growth has been strengthening since our November 2011 forecast, and it has …

Energy Recession Is Already Underway

Written by Steven Hansen Last week’s article suggested that determining the tipping point where rising energy increases would push the USA into a recession was difficult to determine.   One line of thought is that the consumer would be soon be overburdened from direct energy cost rises causing a recession, while the complementary line of thought …

Gas Prices: A Trigger for Great Recession Part II

Written by Steven Hansen This past week, one political candidate opined: We went into a recession in 2008 because of gasoline prices.  The bubble burst in housing because people couldn’t pay their mortgages because they were looking at $4 a gallon gasoline. Readers will note that I rarely take absolute positions on a subject – …