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  • Can Wall Street withstand weak housing?

    09/20/2006 10:26:44 AM PDT · by GodGunsGuts · 286 replies · 3,183+ views
    Business Week Online ^ | September 19, 2006 | Peter Coy
    Can Wall Street withstand weak housing? Some experts say real estate slump may spell trouble for equities ANALYSIS By Peter Coy BusinessWeek Online Updated: 1:28 p.m. PT Sept 19, 2006 If your nest egg is made of 2-by-4s and you're watching the real estate slowdown with a mixture of fear and nausea, then this article is for you. The question: If real estate tanks, will stocks follow? Or will the market ignore housing? Or maybe — just maybe — will a decline in housing trigger a rise in stocks? It's something you really ought to think about if you're trying...
  • Retirees Will Face Dire Straits [Baby Boomers to force following generations to suffer]

    06/24/2006 11:14:12 AM PDT · by Incorrigible · 451 replies · 13,847+ views
    Newhouse News ^ | 6/23/3006 | Teresa Dixon Murray
    Retirees Will Face Dire Straits BY TERESA DIXON MURRAY This nation faces a massive economic crisis -- indeed a social catastrophe -- that some experts even say will be among the worst the country's ever seen.Much has been said about how the looming retirement of 76 million baby boomers will stampede Social Security, which is expected to start running out of money in 11 years. We almost joke about senior citizens eating dog food. Maybe that joking is the only way we can keep from crying.But Social Security is just one piece of a cruel puzzle. It's not until you...