I know what investors will say…’Who is this title insurance guy to be predicting that the stock market is ready to rollover, correct or decline precipitously?’… Is he a high-priced analysts at a hedge fund or talking head on the business news? You know, the ones who will typically say after a big down day in […]
This morning Brent crude hit its lowest level since 2004 while West Texas Intermediate hasn’t had spot prices this cheap since about 2003 (see chart above)! Market experts are in general citing surging levels of crude supply with no appreciable decline in that supply anywhere on the horizon as the major reason for the price drop. A popular […]
Since the ‘Great Recession’ reportedly came to an end years ago, according to a wide variety of metrics the real estate market has healed and even thrived! Of course bargain basement mortgage rates (thank you Fed) have been a significant catalyst along with foreign money (particularly in New York City) that has been seeking a safe […]
Update 2:30 PM, October 14: In another sign that market players have concerns about the global economic outlook, crude oil ended the day down about $4 settling in the low $80-range! Under the assumption that most Americans would like to keep an eye on their money, the US Economic Calendar for the week of October 13, 2014 […]
