With mortgage rates lower than most people could have ever predicted and more homes being sold on a monthly basis, we could be prepping ourselves for a housing market rebound. Just with any sort of market analysis, you’re going to get the folks who think that everything is fine and dandy, and you’re going to find writers who feel that everything is in a pre-apocalyptic state.
Treasuries are up again this week as analysts fear next week's reports will show signs of the economy slowing
The stock market is ready to open up positive this morning which have caused treasuries to drop slightly.
In a directionless market, it’s days like these that make you hold on to some hope and optimism. If you take a look at the stock markets today, you’re going to be in for a treat when you see some pretty big green numbers next to your favorite indexes. And if you had to take one big swooping guess as to why the stocks rebounded so strongly today, what would you say?
Remember when we were celebrating the fact that the Dow Jones Industrial Average was consistently above the 13,000-point mark for a few weeks? What about that time I said stocks would keep up the positive momentum into the second quarter with gains as well? Unfortunately, stocks have taken an unbelievable U-turn over the past month.
Even though 2012 has been a solid year for the three major U.S. stock indexes, how does where we currently stand fare against where we were pre-2008 financial crisis? According to an article from the New York Times, apparently we still have a lot of ground to make up.
Stocks celebrated the closing of the first quarter (from January 1, 2012 to March 31, 2012) on Friday with the best gains in more than a decade. What can we expect from the second quarter?
Following yesterday's stock market rally and the Dow's 217 point gain, mortgage-backed securities have taken a sizeable drop this morning. A press release from the Federal Reserve indicated the economy is gaining significant power, lessening the need for QE3. Additionally, the release announced that an impressive 15 of 19 banks passed the Fed's stress test.