Restaurant recession seems to be the most discussed topic (ask the finance gurus if you want to!) as of now. If the recent “research notes” are to be believed then the restaurant industry is well headed for recession. The news might as well come as a surprise for those who know for a fact that...
Among all the news about the falling stock market, corporate bailout, and lavish CEO bonuses, there’s a macroeconomic trend that’s not being discussed: consumer debt. In macroeconomic terms, consumer debt is debt that comes from the purchase of goods that are consumable and do not appreciate. A lot of economists view consumer debt as a...
Many post-recession attempts to bring a business “back from the grave” leave the “revived” company looking more like a zombie than the benefactor of a glorious resurrection. While the analysis does suggest that the recession has ended, residual effects are still resonating within SMEs in every industry. Fortunately, with a bit of research, dedication, and...
Don’t buy unless you’re financially stable doing so if you’re not is incredibly risky. Are your job, your salary and your working hours secure? If not, you might want to hold back on buying until you can be sure they are – being unemployed with a mortgage to pay is not a position you want...
During the past few years, we’ve seen the housing market take a plunge downward as lower mortgage rates have remained in place, while the economy has desperately tried to recover. Recently there has been a slight increase in the mortgage rates and buyers are wondering if the rates will continue to increase. One of the...
If you’re a lawyer and you’re playing it by the book – like we all know that you are – then there are long, seemingly interminable stretches of your life lived in six-minute increments. The ticks of the clock are both a thorn in your side and a nugget of gold in your (or your...