Economy
Posted: 29 January 2008 07:58 PM   [ Ignore ]
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Wow what a crazy state our economy is in. Any views on where the markets are heading. I found it very interesting that the 10 year bond dropped to 3.30% last tuesday. And the prime rate is outstanding. I’m loving it. I bought my car with a heloc loan and last may prime was at 7.25% now it is at 6.5% and I heard Bernacky is lowering rates again tomorrow. Any views on whether the economy will do better or worse for 2008. What do you think will happen with so. Co. property values? And gas prices jeeze!!!

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Posted: 29 January 2008 08:43 PM   [ Ignore ]   [ # 1 ]
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Sure makes me happy not to be loaded down with debt…

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Posted: 29 January 2008 10:30 PM   [ Ignore ]   [ # 2 ]
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Yes WOW. I really do thing this subprime loan ordeal will get worse before it will get better , just by talking to family in both the Midwest and New England. I have may some major changes and sacrifices too. Like a second job, cancel my gym membership, no christmas present to the wife and I. I even parked my truck and bought a used beater 4 banger car to save over $80 in gas in traveling back and forth to Baltimore. But there is light at the end of the tunnel… a new job !! Thanks BAE Systems!!!

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