NEW YORK-- "A glut of foreclosed homes is starting to drive down U.S. home prices as lenders put more properties on the market and buyers show signs of interest. The ability of lenders to manage this fire sale will be crucial to determining how long the housing market stays in the dumps. If I may add my own personal opinion, I think this interest should be higher, who is kidding who? We make the best products in the world, got the most bombs, and its almost time for those damn yankees to take to the field, play ball America! Rarrrr!"
Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts
Tuesday, March 25, 2008
Good Morning Wall Street.
NEW YORK-- "A glut of foreclosed homes is starting to drive down U.S. home prices as lenders put more properties on the market and buyers show signs of interest. The ability of lenders to manage this fire sale will be crucial to determining how long the housing market stays in the dumps. If I may add my own personal opinion, I think this interest should be higher, who is kidding who? We make the best products in the world, got the most bombs, and its almost time for those damn yankees to take to the field, play ball America! Rarrrr!"
Tuesday, March 18, 2008
Daily Market Update with Stern Bears
Dow finishes up 420.41 Points, or 3.51%.Wall Street stormed higher Tuesday as investors, optimistic following stronger-than-expected earnings from two big investment banks, were also galvanized by the Federal Reserve's decision to cut interest rates by three-quarters of a percentage point.
DJIA* 12392.66 420.41 3.51%
Nasdaq* 2268.26 91.25 4.19%
S&P 500* 1330.74 54.14 4.24%
Russell* 681.93 31.45 4.83%
10-YR Note 3.472% -1 14/32 -1.43%
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