January 30, 2014
Registration and breakfast will start at 7:00 am and the seminar starts at 8:00 am.
The event will be held at the Riverhouse Hotel and Convention Center in Bend, Oregon.
The Central Oregon Association of Realtors and Oregon Appraiser Certification and Licensure Board will be providing Continuing Education credit for . . . → Read More: 2014 Central Oregon Economic Forecast:
I have suggested that people would be better off if they massively increased their savings rates. The aggregate Personal Savings Rate (PSR) is defined as the difference between disposable (after-tax) income and consumption spending. It is reported each month by the Department of Commerce and has recently been running around 4%, compared to a . . . → Read More: Mr. Money Mustache
The U.S. Bureau of Economic Analysis (BEA) released their first estimate of the fourth quarter 2013 Gross Domestic Product today. The estimate indicates that the economy grew 3.2 percent in 4th quarter. This followed a 4.1 percent growth rate in quarter 3 which followed a 2.5 percent growth rate in quarter 2. The growth . . . → Read More: New GDP Data & Are We at a Turning Point?
Declining underwriting standards for mortgage loans played a major role in the housing boom and bust that culminated in the financial crisis of 2007-2009. During the housing boom in the years preceding the crisis, housing prices were rising rapidly and nearly all loans, irrespective of underwriting standards, performed well. In part due to this . . . → Read More: Qualifying Mortgage Loan
Winners of the 2013 Nobel Prize in Economics are three professors – Eugene Fama, Robert Shiller and Lars Peter Hansen – who collectively pushed forward economists’ understanding of asset prices.
Fama invented the efficient market hypothesis (EMH) which says that liquid asset markets like stock markets are efficient in the sense that relevant information . . . → Read More: Nobel Thoughts