Thursday: Unemployment Claims, PPI, Fed Chair Powell
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The *initial weekly ...
6 hours ago
3 comments:
Roy Neary: [contemplating the lump shape] This means something. This is important.
Close Encounters of Third Kind
Yes! I really should have added the "close encounters" label. Fixed! ;)
November 15, 2007
Close Encounters of the Fear Kind
This chart, in my opinion, therefore shows the fear minus greed spread between the 30 year mortgage rate and the 3 month treasury bill. The higher the number, the more fear there is.
Here's the odd part. I've seen that chart before.
Here is the updated fear chart. It's been heading higher recently. Lock up the women and children! Man the lifeboats!
Or not. Who can really say for sure? ;)
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