This article, "Is the sky falling on both Wall street and Main street?" mentions that the current housing slump and creditcrunch would affect mostly on the US financial and residential investment sectors.
I am an Associate Professor of Economics at Winona State University, where I teach Macroeconomics, International Economics and Forecasting Methods. This blog will provide my observations and collection of news, information, articles, and videos on the issues of global economies, finance, and business.