Monday, May 3, 2010

Low (Economic) Stress Midwest

Kansas tops the low stress list with 4 counties. Kansas Watchdog on the AP index. (Illinois is in a class by itself, the Chicago Way run amok.)

Some of it must have to do with not buying into the oligarchy economy.

From James Pethokoukis, 10 reasons to be cautious on the economy, here's one:
9. The latest Case-Shiller house price index confirmed that we are into a renewed leg down in home prices. Financials, retailers and homebuilders are not priced for this outcome.
Yet Fannie and Freddie are not included in the supposed financial reform bill.

And until it is, the country can't sustain a lasting recovery.

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