Ar_home_b_search
 



market update: Is Bear Stearns Debacle really the bottom of the Market?? I don't think so..... - 03/19/08 07:51 AM
Without a doubt everyone wishes that Bear Stearns was still in business!!   It was an institution on Wall Street that no one wanted to see explode.  It seems though that as a company that Bear Stearns made some bets with some excessive risk that boomeranged right back at them and punched them where it hurts the most on Wall Street.   The bottom line.   When the bookie came to get the $...   The Gig was up!!   I wish Bear Stearns had made different bets!!  
Without Bear Stearns on Wall Street what is actual impact on the economy??    Probably not that much.  It weakens confidence a … (1 comments)

market update: Followup to Where does the Market go from here??? - 03/05/08 08:47 AM
The ADP private employment report was announced at 8 30 AM and was a bit disappointing.    Even with the loss of 30,000 jobs, and some language that noted the businesses of all sizes were being affected by this job contraction...    Rates barely budged.     Productivity was up 2.1%, but the cost of this new productivity..  Labor cost were up 2.6% keeping the spectre of inflation in the Fed Viewfinder for the forseeable future.
The 10 year bond opened up this morning at 3.61% and after digesting its breakfast ( ADP report and productivity numbers) it yawned and moved down to 3.59%.     The bigger … (4 comments)

market update: Where does the market go from here??? - 03/04/08 07:11 AM
It's been fun to see the guys on CNBC in the morning argue both sides of the argument so enthusiasticly.    Actually there are so many sides of the argument to include when speaking about the US stock market and bond market.    I have seen more than a couple of veins popping out of foreheads from the likes of Charlie Gasparino, Ron Insana, and Steve Leaseman.      So many times in a market where it's difficult to see where we are going it is easy to argue multiple outcomes for the short and mid term. 
We even got to see Ben Bernanke (THE BEARDED … (3 comments)

market update: A WILD WILD WEEK IN THE MARKETS TO SAY THE LEAST!!!! - 03/01/08 07:51 AM
Are there any markets out there anymore with low volatility and Ho Hum trading floors.     Both the stock market and bond markets saw very volatile weeks with HUGE swings in interest rate yields to the downside.  Stock prices plummeted as the week went on culminating with a 315 point loss to insure the Dow Jones 4th straight month.   The Dow Jones loss was smaller than the January loss, but another down month in a series of down months.
 Oil priced up to over $103 a barrel on Thursday and Friday increasing the risk of an inflationary trend on consumer and non consumer products.    … (0 comments)

market update: Another day of the Bearded One on Capitol Hill!! - 02/28/08 08:07 AM
Yes..   It's TRUE...      Ben Bernanke is back on Capitol Hill today trying to explain what is going on in the economy to Congressional Leaders.     The big news before he gets to testify today is the the weekly jobless claims was up to 19,000 to 373,000 for last week.     The 4 week moving average crept up to 360,500.      Most economists think that when this average reaches 375,000 new jobless claims on the moving average that the RECESSION is officially here.    At least in regard to job creation and job retention.    
 The bond market rallied late in the day yesterday, and continued on this … (0 comments)

 

Chris Catanese

Blue Bell, PA

More about me…

Ultimate First Time Buying Guides/Keller Williams Real Estat

Address: 910 Harvest Drive, Blue Bell, Pa , 19422

Office Phone: (215) 646-2900

Cell Phone: (215) 870-3060

Email Me

My blog is dedicated to bringing cutting edge market information to my clients and colleagues. I wrote my Ultimate First Time Buying Guides to empower, educate, and motivate new home buyers across the country. Email me to get a FREE copy of my copyrighted Ultimate First Time Buying Guides!!


Links

Archives

RSS 2.0 Feed for this blog