CHESSNOID

I have worked in the credit and collections field for the last 20 years and have actually never seen it this bad. The recession is really taking its toll on most working American consumer. The price of gas as well as the cost of most foods are dizzying. All the articles I [...]

Just looking at the stock numbers, it looks like the economy has stabilized. We have rallied in the last week with some impressive numbers. Google made close to a 100 point jump in its stock price in one day. It looks like the recession is over. Or is it?
Warren Buffett agrees [...]

It just seems like yesterday a barrel of oil was making shocking news when it broke the $100 mark. Then $110. Now $120. Almost double a barrel in just the last year and a half. I remember just 6 years ago when a gallon of gas was just about $1.20. [...]

I keep reading the headlines that the housing crisis is over or the worse is behind us. That the bottom is here and that the business cycle has flattened and will soon reverse directions. These are predictions being made by many who got it wrong from the beginning and refused to believe there [...]