Wholesale Inflation Falls In November Easing Rate Pressure

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

While stocks closed at record highs it seems as if the water may be rising here tomorrow.  We are expecting heavy rains, which combined with a lot of snow and frozen ground, could be recipe for water with no place to go.  The fears of a surprise surge of inflation were quelled today as the producer price index came in at minus .1% versus a hike of .4% in November and a .2% increase expected,  The Dow gained 205 points today.

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Jeff Jensen

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