2
Mar

Market Snapshot

In early trading this morning, the Dow fell below 7,000 for the first time since 1997, as Stocks are trading lower on fears that the recession is getting worse. Also pressuring Stocks lower is news that insurance giant AIG lost more than $61 Billion in the 4th quarter of 2008–which is the biggest loss ever [...]

24
Feb

Market Snapshot

Stock prices plunged yesterday, sending the Dow to levels not seen since 1997. Mortgage Bonds, however, were unable to gain much, as tough overhead resistance and the enormous supply of Bonds kept a cap on prices.
In the news today, Consumer Confidence fell to its lowest reading since records began in 1967. The sour report indicates [...]