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Both Stocks and Bonds Had a Bad Day!

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

Today was one of those rare days when stocks and bonds traded in the same direction.  MBS bonds sold off as the result of being at a strong level or resistance.  Stocks sold off because of more Greek debt woes.  The day actually began with stock futures slightly to the good.  When durable goods orders came in off 1.4%, however stocks began a long slide.  The Dow closed down 292 points.

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Wow,  I was just noticing the same thing; hopefully, they will rebound tomorrow.

Mar 25, 2015 08:13 AM
Bob Publicover
Publicover Realty Group, inc - Stuart, FL
Thinking outside the box

I too was folowing that. How do you think that will reverb through the real estate market?

By the way, I love Mt Dora!!

 

Mar 25, 2015 08:17 AM