Foreclosures are up, the dollar is gaining strength, and John Mayer admitted to a fling with a fan. Hey in this emotional market, anything can change the tide.  The biggest market movers today are Retired St. Louis Fed President William Poole's comments on how Freddie and Fannie are basically done and the government is propping them up (your retired dude act it), and Treasury Secretary Henry Paulson's testimony before the House Financial Services Committee basically stating the exact opposite of what Willy said. No wonder the bond is bouncing around today. The DOW is on a tech rally so we need to keep an eye for a selloff on one sector or another. Great gains or losses in the Stock market today will decide the bonds movement.  Now if we can just keep the retired Feds quiet...

As always if you have any questions, please don't hesitate to call.

Karl Menzer

435-849-0212

http://www.karlmenzer.com

 
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Karl Menzer Tooele Utah Real Estate Lender

Tooele, UT

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karlmenzer.com

Address: 36 N Main St., Tooele, Ut , 84074

Office Phone: (435) 849-0212

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