Sunday, March 2, 2008

Let's talk about something else...

Are you tired of talking about taxes? Yes me too. So let's talk about something else you many not want to talk about, the economy.

Our economy seems somewhat messed up. The real estate market in most of the country has cycled down, in some areas worse than others. The Federal Reserve Board was previously hiking interest rates, they are now aggressively lowering them in a effort to fend off a recession. Job losses and layoffs continue to mount, and our currency has devaluing verse most European currencies. Other countries seem to dislike our governments policies, and Exxon has declared war against Venezuela and Hugo Chevez.

The Canadian dollar (known as the loonie) is now amazingly worth a tad more than our greenback. Just a few years ago one CN dollar was worth only 65 cents US.

So with the US Economy lost in innerspace, pay attention to what your next Presidential candidate has to say about what he or she plans to do about it.


What's a good way to keep track of the all this economic thrall? One of my favorites is the weekly email newsletter that you can subscribe to for free from HSH Associates, a financial publisher coincidentally located in our home state of New Jersey. HSH sells statistical data to banks, mainly on mortgages. Their weekly Friday email newsletter update mortgage rates and gives some excellent general economic commentary worth reading. If you're looking for impartial consumer friendly mortgage advice or want to keep an eye on interest rates and the economy, HSH is one of the best sources of information out there. Visit their homepage too, most of the content is very useful, consumer oriented, and absolutely free of charge.

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