Toward The Housing Bubble, Or Great Depression?

By |2017-09-01T17:44:42-04:00September 1st, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

During the middle 2000’s, one more curious economic extreme presented itself in an otherwise ocean of extremes. Though economists were still thinking about the Great “Moderation”, the trend for the Personal Savings Rate was anything but moderate, indicated a distinct lack of modesty on the part of consumers. In early 2006, the Bureau of Economic Analysis calculated that the rate [...]