The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the 2010 decline by region (click to enlarge), showing how uneven the fall was this year – four regional areas were actually up:
A tough flu season ahead may have economic ramifications for US
Stocks are near five-year highs. Market breadth has improved greatly. Still, there’s one group that is looking green around the gills: Utilities
The performance of utility stocks in coming weeks and months could provide cues for both your offensive and defensive investing strategy.
Quantitative tightening continues unabated
