A Stern Glance

Marketing PR, Marketing Communications and just plain Marketing, in the aggregate are different than Public Relations. Considering the manner in which these characterizations are tossed about in the Las Vegas area, Stern And Company thought this essay would be helpful for businesses engaged in such efforts and perhaps not experiencing the outcomes they expected, especially [...]

Las Vegas home prices plunged almost 30 percent in the 12 month period ended in July according to Standard & Poor’s Case-Shiller Housing Index (full index). The closely watched index of 20 cities fell a record 16.3 percent in the July 2007-July 2008 period, with home values in all 20 cities declining year-over-year.

While it is clear we are in an extraordinary economic environment, with regard to the stock market, the media is reporting non-stop that the decline of the Dow Jones Industrial Average today suffered it’s “largest drop in history.” This is only true in terms of the point decline, of 777 points to 10,365, or about [...]

Consumer spending in August turned in the weakest performance in six months, underscoring the threat the economy faces as the government’s stimulus program fades into the past.
The Commerce Department reported today that consumer spending was unchanged in August, even worse than the small 0.2 percent gain economists had expected. It was the weakest showing [...]

Washington- The U.S. Treasury Department today opened its Temporary Guarantee Program for Money Market Funds. The U.S. Treasury will guarantee the share price of any publicly offered eligible money market mutual fund - both retail and institutional - that applies for and pays a fee to participate in the program.
All money market mutual funds that [...]