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Ruble Plummets as Stocks Rocket Ahead!!

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

After yesterday's large rally in reaction to Fed chief Janet Yellen's press conference after the Fed's last Open Market Committee meeting of the year, stock futures were pointing skyward this morning.  Initial jobless claims were down to 289,000 and stocks were off to the races again today.  With the Ruble in free fall, the Dow went on to close up 419 points.  Wow!!

Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Russia will continue to have trouble with many issues including the lower price paid for oil.

Dec 18, 2014 12:41 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Jeff,

There are plenty of profits to be made in the stock market during times of uncertainty, which seems constant these days. Unfortunately, cornered beasts lash out in times of desperation.

a hui hou,

Dec 20, 2014 09:25 AM