Affordable Housing Institute : US

[Continued from yesterday’s Part 1.]
 
As we saw in the first half of this post, October was dominated, as several past Octobers have been, by wretched economic news.
 

Stocks fall!  Markets tank!
 
Beyond the short-term evaluations (”we’re all hosed”) –
 

 
– a less inculpatory and more macroeconomic view was provided via Martin Wolf of the Financial Times, in Awash […]

Previous Months in Review available here: Sep 08, Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]\
 

We’re here for the deleveraging party
 
For some reason worthy of study either astrological or numismatic, a surprising fraction of the world’s economic slumps have happened in October, including our two most recent: […]

[Previous Months in Review available here: Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]
 
[Continued from yesterday’s Part 1]
 
So chock-full of events was September that, like FDR, I’m breaking precedent in times of emergency by going to a two-part Month in Review:
 

If Franklin had respected Washington’s tradition, I’d […]

[Previous Months in Review available here: Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]

Tumult in the financial markets dominated my September postings, first with analysis of GSE conservatorship: what it means, and how we got here, which led directly into the hugely ironic spectacle of Treasury […]

[Previous Months in Review available here: Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]
 

Congress enacted a landmark law!
Normally a slow month, July was full of events, first with a small bit of fundamental reform, arriving step by careful step, and capped by landmark housing legislation with a characteristically grandiose title of […]