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Stocks on a roller coaster ride and Real Estate Still a Good Buy as Fed raises rates again
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Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve....
The final days of December have the stock market reeling as the Dow could possibly have its worst year-end return since 1931, The Great Depression. All major U.S. equity indices are approaching bear market territory with the Nasdaq briefly hitting that on Thursday.
The Dow took a nosedive Wednesday afternoon as the market reacted to the Federal Reserve’s final rate hike of 2019. The markets continued to fall on Thursday with the Dow dropping another 464 points. The Fed raised its benchmark overnight lending rate by a quarter point, putting it in a range of 2.25 to 2.5 percent.
In the press conference following the Federal Open Market Committee meeting, Fed ... more
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