Good afternoon, Today quarterly earnings and unemployment news have been released, but the effect on rates has not been dramatic. Unemployment claims were substantially less than expectations and corporate earnings were not as bad as expected, but they were mixed. Retail discount corporations like Wal-Mart, BJ’s and Costco is where most of the purchasing [...]
Continue reading...Tuesday, July 8, 2008
Good Afternoon, We saw a very slight improvement with interest rates today because of yesterday’s bond market strength. The bond market has been relatively unchanged today with the yield down to 3.88%. There are not many reports coming out this week that will significantly change interest rates, but as I mentioned yesterday, quarterly corporate [...]
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Thursday, July 10, 2008
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