• Search for:

• Recent Posts

  • US Home-Buying Loan Demand Falls for 4th Week
  • Growth Slower Than Thought as Business Spending Slows
  • Commercial Real Estate Vacancies to Peak Near Early 2011
  • Mortgage delinquencies hit 10%
  • Memphis Foreclosure and Delinquency Rates Higher in March
  • Pending Home Sales Rise 5.3 Percent in March
  • US 30-year Mortgage Rates Jump to 8-month High
  • Shelby County Homeowners May Get Mortgage Help
  • Housing Market Surely to Double-Dip: Whitney
  • Mortgage Rates Hold Below the 5 Percent Mark

• Archives

  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007

A slight ray of hope?

Link to source

Buffett says we’re there. Greenspan says we’re likely so. It may not be official, but the question is: How long will the funk last?

NEW YORK (CNNMoney.com) — It’s getting harder and harder to deny that the economy is in recession.

Warren Buffett, the world’s most famous investor, proclaimed this weekend that “we are already in a recession.”

Former Federal Reserve chairman Alan Greenspan told the Financial Times on Monday that there is a greater than 50% chance of a recession.

Read the rest…

Comments