Archive for December, 2008
great day for rates, so was Christmas Eve, and now New Year’s Eve sees
a bump down because of the Fed announcement that it will start buying
mortgage-backed securities in January. Remember how I predicted rates
would go lower?
this isn’t the big move. Most traders are out for the holiday and I
predict most of the momentum on bonds will be after the new year.
We’ll be RateWatching extra hard come next Monday. Stay tuned.
shoot me an email. You could call, but I might not get back to you
before the 5th.
What has happened to Illinois!?!?! How could this Blagojevich thing be happening?
No true Chicago politician would EVER have been caught like this. It’s unthinkable that Mayor Daley could ever have been so obvious about taking bribes.
Boy, the quality of our corruption has really declined recently.