Good Afternoon, The economy is sinking, and it is sinking fast. Most investors pulled from the stock market and have dumped what ever they have left into the treasuries. The 10-year yield, before the Rescue bill was denied, was as low as 23 basis points on the day. The Dow Jones has fallen as low as 705 [...]
Continue reading...Friday, September 12, 2008
Good Morning, The remortgaging market seems to be in many ways rejuvenated for the moment. In no way does this mean that real estate values are going back up again or that the credit crisis is close to being over. The road ahead is definitely uncertain and foggy, but it has been allowing sparks of revival [...]
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Monday, September 29, 2008
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