Sunday, 23rd September 2018.

Posted on Monday, 6th December 2010 by Robert Domini

God Bless America As we close in on the end of 2010, we are thankful for all of the good news this past year. The Dow Jones Industrial Average and the S & P 500 Index are up about 10% for the year due largely to corporate profits which have been strong. Interest rates have […]

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Posted on Monday, 8th November 2010 by Robert Domini

WHO’S AFRAID OF THE BIG BAD QE2? First, class, can anyone give me the definition of QE2? If you answered that it’s a really big cruise ship named after Queen Elizabeth, you’re right. If you answered that it’s the second phase of a Federal Reserve program of quantitative easing, it means you’ve been watching too […]

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Posted on Friday, 8th October 2010 by Robert Domini

Paul Krugman and Tim Geithner are Wrong About 1937   According to a CBS News report, nearly all of the $862 billion in stimulus funds signed into law in February 2009, will have been awarded as of the end of September, 2010.  Yet, also according to CBS, the funds awarded have not yet found their […]

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Posted on Thursday, 16th September 2010 by Robert Domini

Recently there has been much said and written about the New Deal during the Great Depression.  Politicians and political pundits are trying to draw a parallel with 1937, and today.  They’re trying to tell us that the economy took a dive in 1938 because FDR cut back fiscal spending.  That simply is not true.  FDR […]

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Posted on Wednesday, 25th August 2010 by Robert Domini

Today’s WSJ headlines and even the Toledo Blade are screaming the news of a 27% drop in home sales for the month of July as compared to June.   Why the sudden drop?  For one the $8,000 tax credit has finally expired after being renewed several times.  In fact, the economy is having multiple train wrecks […]

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Posted on Friday, 20th August 2010 by Robert Domini

Attention Commercial Real Estate Owners: Is Your Market Value Lower Than Your Tax Value? Now is the time to have a checkup to see whether your property value is lagging behind the assessor’s tax value.  Why?  It is because commercial real estate has suffered from the same maladies as the rest of the economy, persistent […]

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Posted on Monday, 17th May 2010 by Robert Domini

Hot Greece Boiling Over For months now Greece has been in financial turmoil.  Why? It’s because they have so much debt they can no longer make their payments.  In 2009, they elected a Socialist government which embarked on a big-time spending program.  I love European governments.  They call their parties liberal, conservative, socialist, communist, whatever they […]

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Posted on Wednesday, 31st March 2010 by Robert Domini

What Are The Economists Telling Us? This is where emotions come face to face with reality.  The economists actually count the tea leaves.  The rest of us know what we feel from 10% unemployment, from a sagging residential real estate market and a collapse in many sectors of commercial real estate.  Stuart Hoffman, PNC Chief […]

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Posted on Friday, 20th November 2009 by Robert Domini

Toledo Blade Sees Tough Sledding Ahead   Front Page, The Blade, November 7, 2009, reported that the national unemployment rate of 10.2% has not been as high since 1983.  (The truth is that in 1983, unemployment started the year at 10.4% and ended it at 8.3%.  The Fed Chief was Paul Volcker who had the […]

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