The Financial Crisis: Can the American Dream Turn into a Nightmare?

The Financial Crisis: Can the American Dream Turn into a Nightmare?

Homeownership has often been called the epitome of the American Dream. When I bought my first house at the ripe old age of 23 I remember going to it after the closing and quietly walking around the yard telling myself, “This is my land, it’s my land.” In the previous decade there were a lot…
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The Shaking of the Rattlesnake’s Tail?

For years, analysts have been predicting the collapse of the 30 year bond rally. Since 1982, bond prices have generally be rising at a rate without near-term historical precedent. In early 2009, it was widely thought that it was the end of the bond price rally as Treasury rates were pushed to historical lows (yields…
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