Friday, August 14, 2009

FW: Inman PM: Clinton's Law: 'It's the economy ...'

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Friday, August 14, 2009 3:46 PM
To: mark@itsyoursale.com
Subject: Inman PM: Clinton's Law: 'It's the economy ...'

 

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Friday, August 14, 2009

Clinton's Law: 'It's the economy ...'
Long-term interest rates fell this week, and a lot: the 10-year T-note from its 3.85 percent peak last week to 3.51 percent, which took mortgages from 5.75 percent to 5.375 percent.

This move thoroughly contradicts the one-way stock-market exuberance and the inventive reading of new data and the Fed's post-meeting statement. More »


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