mortgage rates: Job Market Fakes Out Financial Market - 10/10/07 04:28 AM
A good quarterback knows how to head fake the opposing team. He looks in one direction to make the defense think he’s going to throw that way, then runs or throws the ball the other way. The financial markets and the Fed learned this past week that they had been taken in by this old trick. 
Early last month, when the August employment data were released, they showed a decline of 4,000 jobs nationally. An outright decline was a bit of a surprise, but people didn’t question the number. Hey, the subprime market had just imploded, the money markets were struggling to … (0 comments)

 
Ted  C. Blanchard (DFW Home Search- an AXS Realty Company)

Ted C. Blanchard

Frisco, TX

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DFW Home Search- an AXS Realty Company

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