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Highlands Today

chief economist

For Recognizing A Recession, A Gut Check Can Out-Perform Statistics

a nonissue except at times such as the present when the two are sending conflicting messages. ...more

September 9, 2008

Home Loan Troubles Break Records Again

The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. ...more

September 7, 2008

Ask For Help To Prevent Foreclosure

You know this country is in the midst of a housing crisis. It's been the headliner on the six o'clock news and the front-page story in all the papers, for months. ...more

September 7, 2008

Mortgage Woes Corralling Those With Good Credit

September 6, 2008

Economic Gains Likely To Be Brief

The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut this year. ...more

August 29, 2008

Jump Seen In Big-Ticket Item Orders

U.S. factories saw a surprisingly hefty increase in their orders for big-ticket products in July, reflecting continued strength in export sales and a boost to business investment from the government's tax stimulus package. ...more

August 28, 2008

Indicators Show Economy Slow But 'Muddling Along'

A private sector measure of the economy's health showed the largest drop in a year, and even though new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence that the languishing American economy remains stuck in low gear. ...more

August 22, 2008