fed: Today is a GOOD DAY!!! Refinance for under 6%!!
- 01/23/08 07:47 AM
Hello everyone! As those of you who follow the Markets may be aware, yesterday and to a small extent Monday was a highly volatile environment for global trading markets. Several of the asian economies suffered rather extreme drops of up to 5% of the value of their collective markets. It is the prevailing belief from analysts that this was the direct result of the flailing US economy, and represented a pre-emptive sell-off in light of a potential global recession. I have the impression that it was significantly reactionary, but I"m not a financial analyst... The side effect, positively, is that RATES IMPROVED, SIGNIFICANTLY!!!! (1 comments)