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Finally- An economic rebound!? Some positive news.
One indicator of economic recovery is ‘credit spreads’. Credit spreads -- the difference between what it costs the most creditworthy corporations to borrow versus what it costs lower-rated firms -- had narrowed sharply. [READ MORE…]
U.S.A. Infrastructure Stimulus- A Positive Perspective
Over $64 Billion dollars has been allocated for US Infrastructure spending. Over half of that money HAS BEEN obligated. The American Recovery and Reinvestment act was signed into law over a year ago; so it is a slow go, but the time is now to get started with these...
Non Residential Construction-Lending
Regarding ‘Credit Crunch’ to Non Residential Construction The banks have the stimulus money- they are reluctant to lend! There is fairly good news on the horizon. Following the post 9/11 pattern of lending, “shock, caution, and slow recovery”, commercial lenders are...
