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November 25, 2008 And now, for something completely different... Good news! Of course, I've been accused of seeing life through rose-colored glasses but...there really is some pretty good news out there. We're by no means out of the woods. For each bit of "Good News" I'll highlight there ...
11/25/2008
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November 11, 2008 Round and round we go... This could be a long letter, but...there's a lot of good information, I think. I hope you agree. Please let me know. As I think is clear, this economic recession began with a deflating (or bursting) housing bubble. It's morphed WAY beyond that, but, ...
11/11/2008
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November 4, 2008 The more things change, the more they stay the same. I hope you voted today. Tomorrow, we'll have a new President, and largely a new Congress. I don't envy their position as they work to navigate us through these rough, and mostly uncharted economic waters. Let's hope they ge...
11/04/2008
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October 21, 2008 High low, high low, it's volatile as we go... Much like 500 point intra-day swings are becoming common place in the stock market, volatility continues as the norm with Mortgage Backed Securities. Just a week ago mortgage rates had risen to the highs of 2008, with 30yr fixed ar...
10/22/2008
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October 1, 2008 "I'm just a bill. Yes, I'm only a bill. And I'm sittin' here on Capitol Hill" SchoolHouse Rock, circa 1975. And wow, what a bill we have with the Troubled Asset Relief Program. When Henry Paulson and Ben Bernanke brought the act to congress last week, it was three pages. T...
10/17/2008