Wednesday, September 18, 2013

The Taperworm Hungers!

Click to enlarge.

I am Sinistar.
Beware, I live.
Run! Run! Run!
Beware, coward.
Run, coward.
I hunger.

I'm experiencing a strange feeling of déjà vu.

September 18, 2013
Bernanke Is Terrified Of Higher Mortgage Rates And The Debt Ceiling Debate

In his post-FOMC press conference, Fed Chairman Ben Bernanke made it clear that he had lost control of the market, causing a tightening of financial conditions that directly hit the highly supported housing market through higher mortgage rates.

See Also:
The Tapeworm Hungers!

Source Data:
St. Louis Fed: 30-Year Conventional Mortgage Rate (YoY)

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