Tags: Bush + Economy + elections + investing + obama + subprime + Taxes + Treasury
“You buy lots in Los Angeles with the same frequency you would newspapers in other towns. After buying it, you put it back in the hands of the agents again, for don’t think you are going to get away with that lot. It has to be sold three or four times that day.
Why, every lot […]
Tags: Bank defaults + Deflation + Federal Reserve + Inflation + investing + subprime
The Federal Reserve cut interest rates once again by .25 basis points or 1/4 percent. This was expected by the financial markets and is seen as the last for the next several meetings unless things get worse.
The stock market rallied initially on the news but then sold off before the close when traders came to […]
May 1, 2008 - Economy, Markets - 0 Comments
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