Business

Market News: Obama Announces Home Refinancing Plan
Business

Market News: Obama Announces Home Refinancing Plan

Mid-Day Market Report Wednesday February 1st, 2012   Market Action   US:  Dow: 12766.60 (1.06%), S&P 500: 1328.11 (1.20%), NASDAQ: 2851.51 (1.34%) Europe: CAC: 3367.46 (2.05%), DAX: 6616.64 (2.38%), FTSE: 5790.72 (1.88%). Asia:China: 2268.08 (0.00%),Hong Kong: 20333.37 (-0.28%),India: 5235.70 (0.70%),Japan: […]

Life – and Death Proposition
Business

Life – and Death Proposition

 Recent central bank behavior, including that of the U.S. Fed, provides assurances that short and intermediate yields will not change, and therefore bond prices are not likely threatened on the downside. Most short to intermediate Treasury yields are dangerously close […]