Jun
20
Flooding in the Midwest has displaced thousands of families and caused billions of dollars in damages.
It may also causeĀ mortgage rates to rise.
As the extent of the damage becomes more clear, prices for grain and livestock are soaring.Ā For example, a host of dietary staples are suddenly more expensive at the supermarket, including:
Meat
Pork
Chicken
Dairy
Eggs
Rising food prices are […]
Jun
17
In the U.S., home prices dropped at the sharpest rate in two decades during the first quarter of 2008, and prices nationwide are at levels not seen since the third quarter of 2004, according to Standard & Poor’s/Case-Schiller.
That means it is time to get off the fence and put a plan […]
May
29
While American drivers groan over the price of gasoline soaring to $4 per gallon, the French are paying $8.67 per gallon of super, compared to $7.10 in January, 2007. A gallon of diesel in French gas stations averages $8.54, up from $5.35 just a year ago. In the U.K. diesel costs $11.50 […]
Apr
8
The media has a way of shaping our thoughts, and our imagination. If you listen to the news long enough you will think we are headed for living in a cave. Subprime, Credit crunch, housing bubble, exotic-ARM, Jumbo, write down, blah, blah, blah.
Buzzwords are all the rage in the media and […]