![]() | Soleil's Carol Berger wondered aloud last week what will happen when the Fed stops buying mortgage backed securities in 2010? She fears that without that deep pocketed bidder there will be no other natural buyer and mortgage rates could go up enough to hurt the housing market. Seeing as how we are partners I figured part of my job would be to help find that reassurance she is looking for. » Read more |
![]() | After toying with support inside the October 15th pivot-low (77.67 to 76.86) over the last three weeks, the crude oil bears in New York finally stamped their imprimatur on this market on Friday… sort of, writes Stephen Schork. » Read more |
![]() | There are 3 reasons I believe this week’s trader temperature is risk averse. » Read more |
![]() | While the White House and Treasury were tinkering at the edges of reforming the financial system and paying lip service to Paul Volcker and others who urged a serious overhaul, Senator Chris Dodd of Connecticut was assembling financial regulation that goes a long way towards really tackling the excesses which led to last year’s crisis. » Read more |
![]() | This recession isn’t to be taken lightly. But even though the airline industry is evolving, demand for air travel will rebound and increase. When it does, we will need the infrastructure in place to meet that future demand. » Read more |
![]() | The US is not going to actively intervene to support the US dollar, but merely try to shape it's domestic policies to ensure a strong dollar. A free floating currency acts as a stabilizer to an economy. » Read more |
