Homeownership is down and renting is up, and that surely means bad news for the economy and people's finances, right? Wrong, argues Daniel Gross in the Wall Street Journal. In fact, it's a beautiful thing. "The new realities of our increasingly mobile economy make it more likely that this transition...
We've hardly spent $100 billion of stimulus money, but some really smart economists are arguing that the stimulus has basically pivoted the economy (sorry Tim Pawlenty!) Ezra Klein quotes from a Wall Street Journal article, arguing ... Read Post
Robert Benmoche, chief executive of American International Group., told a bunch of people from Wall Street today that people from Wall Street are ?renters,? not ?owners,? when it comes to investing in companies. Read Post