There are concerns that the “Perfect Storm” is brewing in the U.S. Economy. The “Perfect Storm” referring to stagflation; this rare phenomenon occurs when we see a stagnant or declining economy, yet prices continue to rise at accelerated rates. When these two factors come together it can have crippling effects on consumers pocket books.
Fed Chairman Bernanke indicated [...]
Archive for March, 2008
“Is the Perfect Storm Brewing?”
Posted in Blogroll, Blogs, House sales, Mortgage, general, tagged buyers, economy, home prices, home value, interest rates, sellers, U.S. Economy on March 1, 2008 | Leave a Comment »