Economists Concur: It’s a Recession
Duh.
The U.S. has finally slid into recession, according to the majority of economists in the latest Wall Street Journal economic-forecasting survey, a view that was reinforced by new data showing a sharp drop in retail sales last month.
“The evidence is now beyond a reasonable doubt,” said Scott [...]
Bad News on Reno Housing Market Front
Category 5 is as bad as it gets in hurricanes and the housing market. From Reno Realty Blog:
According to Countrywide, America’s Wholesale Lender, the Reno-Sparks market is a category 5 risk along with other familiar locales, such as Las Vegas, Stockton, Modesto, Riverside, Phoenix, Sarasota and Miami.
And there there’s this news from the RGJ:
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