Posted in Stock Market, tagged Bob Brooks, Deceptive Money, financial storm, foreclosure, interest rate, mortgage industry, mortgages, Obama Administration, Prudent Money, Wall Street on April 29, 2009 | 4 Comments »
The bottom line is that we are in the eye of the storm right now and the foreclosure situation could potentially fall back into crisis mode. Now, I think that we can handle it a little better this time around, however, this is a risk that no one is anticipating. I guess the thought is that [...]
Posted in Stock Market, tagged banking system, Bob Brooks, credit marketsd, interest rate, lending rates, Prudent Money, risk level, Stock Market on March 12, 2009 | 2 Comments »
Well, so far so good for the stock market (S&P 500). The price decline stopped at a price level of 666 on Monday and is now at 729 (mid-morning Thursday). Thus far today, the market is showing some follow through from the big day on Tuesday. This is a pretty typical day following a day where [...]
