And SBA loans for small business are somewhere in the 5-6% range - a definite improvement over the 7.5% from a few months ago. And, consumer confidence is at historic lows, in the USA. So, as mentioned on this blog several times before, we are at a point where entrepreneurs need to tap consumer pain […]
According to the Wall Street Journal’s daily podcast, today, the US is officially in recession. There is no indication as to lending policy changes at the retail level, as of yet. Stock market statistics are dismally low and world financial barons are conducting urgent meetings to restore confidence in the markets. The FED decided to […]
I refer to the $700 billion of cash that The Street has been begging for. If it doesn’t act as quickly as it has compelled the American People to act in granting this money, Americans may feel that they are being had. Notwithstanding, The Street has quite the problem to sort through. It’s truly a […]
