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Archive for August 11th, 2008

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Market Update
The Bond Market has been hammered all morning despite a lack of new economic data and only a small rally in stocks. The conflict in Eastern Europe between Russia and Georgia has some traders worried that the recent slide in oil could come to a halt because of supply disruptions.
The biggest economic data [...]

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Last Week in Review

“PERSEVERANCE IS A GREAT ELEMENT OF SUCCESS.” Henry Wadsworth Longfellow. Despite strong opposing forces in the early part of the week, Bonds and home loan rates persevered like the greatest Olympian athletes, and were able to end the week in a similar position to where they began.
Remembering that inflation is the arch-enemy of Bonds [...]

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