We now truly live in a global economy. What’s the saying? “Be careful what you …
Wachovia’s CEO, Kennedy Thompson, is the latest casualty of the securitized mortgage investment bubble. Banks …
The volatility continues. Mortgage backed bonds have dropped significantly on the first day of this …
Mortgage bonds normally don’t perform well in the face of inflation largely due to all time …
Gains in mortgage backed bonds were offset this past week by economists’ inflationary fears. A new record …
On Friday mortgage bonds traded over a 134 point spread on a better than expected …
Declining home prices in some areas of the country and very low consumer confidence have …
We begin another week with bad news for the economy and stocks, but bad news for stocks …
This past week was a tough one. The most publicized negative economic information was GE …
The adjusted jobs report results on Friday reported a loss of 80,000 jobs in March. This …