September 18, 2015
Cramer: We just avoided a huge disaster
I think you have to take heart the fact that we avoided a potential disaster, which is what could have happened if the Fed had tightened. - Jim Cramer
Please allow me to run his words of wisdom through the NASCAR translator.
This strong and resilient stock car market can handle entering hairpin downturns at 200.0 miles per hour, but don't think for a second that it can handle entering the corners 0.25% faster than that! 200.5 mph would be disastrous!!
"The Lock-In Effect of Rising Mortgage Rates"
-
Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
2 hours ago
No comments:
Post a Comment