February 4, 2012

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Mortgage Meltdown Swag, Bank Losses, Foreclosures Jump, My New Favorite Market Pundit

October 23, 2008 By Leave a Comment
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Where are Mortgage Rates Headed? Spreads showing tightening, but government keeps throwing curve balls on their own objectives. My shot at a mortgage rate forecast. Appropriate Mortgage Meltdown Swag Get your "We're the Government and We're Here to Help" mortgage meltdown swag. Major Banks Post Record Losses, Some Getting Investment Wachovia tips the scales with a staggering $23.7 billion quarterly loss! But, that is not the most incredible part. This latest loss makes it like Wachovia never … [Read more...]

Obama, All Markets Surge, Hedge Funds Retract, Recession

October 14, 2008 By Leave a Comment
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Barack Obama on the Economy President hopeful Senator Barack Obama sought to capture some of the stock market rally euphoria and lock-up control of the economic issue. Presenting a much broader economic vision, Obama promised an additional $60 billion to help state and local governments, increase jobs, let individuals dip into their retirement savings tax-free, and issue a moratorium on foreclosures. Heading in to the third and final debate, it promises to be all about the "Economy, … [Read more...]