Thursday, June 30, 2005

FED'S RAISE TO 3.25% Funds Rate

STory here "NEUTRAL" is said to be 1% higher at 4.25%. Head fake was mkt rising, now in some decline.

5 YEARS OF RECORD HOUSING NUMBERS.........5 YEARS!

HOW much gas in tank I ask? MY international friends, (and I saw this in Ireland last year when I visited) you have also seen housing prices RISE more than they have right to, KILLING first time buyers and strapping them with debt.

And the WORLD seems sychronized, but not to the good, with LOW LOW interest rates, WHY isn't anyone asking why is this happening?

D

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