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"WHAT GOES UP... MUST COME DOWN?"
Gas prices have dropped at the pump lately, but the markets are more
focused on movement in the rest of the economy. Here's a look at where
some important economic indicators are headed... and what they mean to ...
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"Greece is the word." Last
week, both renewed problems in Greece and inflation news dominated the
headlines and made for some volatile trading. What happened, and what
was the impact on home loan rates? Read on for details.
In Greece, the riots ...
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"NOBODY CAN GO BACK AND START A NEW BEGINNING...BUT ANYONE CAN START TODAY AND MAKE A NEW ENDING." Those words by the poet Maria Robinson should hold a special meaning - and warning - for anyone thinking about buying a home or refinancing, ...
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"YOU'RE RIDING HIGH IN APRIL AND SHOT DOWN IN MAY..." Just like the old Sinatra tune "That's Life," the Dow Jones Industrial Average traded as high as 11,258 in mid-April - but May wasn't quite so good for Stocks, as ...
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"IT'S ALL GREEK TO ME." The markets continue to be focused on - and influenced by - Greece's ongoing financial saga. Stocks took a hit last Thursday when Greece's budget deficit was reported to be worse than previously thought, causing uncertainty and anxiety in the markets. The next ...
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"NOTHING GOLD CAN STAY"...or so says Robert Frost's famous poem. But the whole market wonders if Goldman Sachs can "stay gold", following last week's shocker headline that the Securities and ...
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"LIKE SLUGGISH WATERS THROUGH A MARSH..." The poet Sir Walter Scott wasn't talking about the economic recovery, but his words paint a pretty vivid picture...and after last week's economic reports, perhaps a pretty accurate one on the state of the recovery.Last week's Gross Domestic ...
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"IT AIN'T OVER TIL IT'S OVER." Yogi Berra. And whether you find those words deeply wise or simply puzzling...The Fed has told us repeatedly that their massive purchasing program of Mortgage Backed Securities is just about over - and this translates to home loan rates rising in the near ...
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"THE NINE MOST TERRIFYING WORDS IN THE ENGLISH LANGUAGE ARE: `I'M FROM THE GOVERNMENT, AND I'M HERE TO HELP.`" Ronald Reagan. And regardless of if those words do indeed terrify you or perhaps give you confidence, the government held center stage last week, with a pivotal Federal Reserve ...
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"WHAT DO WE LIVE FOR, IF IT IS NOT TO MAKE LIFE LESS DIFFICULT FOR EACH OTHER?" George Eliot. The current crisis in Haiti certainly puts this sentiment into perspective. For information on how you can help, see the View article below. Last week it was reported that the inflation measuring ...
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