Good Morning,
I hope that your Wednesday is off to a great start already. There are only 75 Days left until the expiration of the $8,000 First Time Home Buyer's Tax Credit. Have you been in touch with a trusted Real Estate Agent yet to help you capture this fabulous opportunity? I sure hope you are able to take advantage of this tremendous opportunity.
In the Markets today, The Consumer Price Index was reported slightly higher than expected this morning. When volatile food and energy were stripped out, however, the Core CPI was in line with expectations. The Bond market liked the report and initially added to yesterday's gains, but have since come down after the Capacity Utilization and Industrial Production both came in a little hotter than expected.
Stocks, on the other hand, are at 2009 highs and are getting a boost this morning on positive comments from billionaire investor Warren Buffet, who remarked that the US economy has bottomed out.
Currently, the Bond remains above support at the 25-Day and 100-Day Moving Averages. I recommend floating as long as these floors hold. I will continue to monitor the situation and let you know if a change of course is needed. In the meantime, I hope that you enjoy the rest of your day. If there is ever anything that I can do for you, please let me know.
I hope that your Wednesday is off to a great start already. There are only 75 Days left until the expiration of the $8,000 First Time Home Buyer's Tax Credit. Have you been in touch with a trusted Real Estate Agent yet to help you capture this fabulous opportunity? I sure hope you are able to take advantage of this tremendous opportunity.
In the Markets today, The Consumer Price Index was reported slightly higher than expected this morning. When volatile food and energy were stripped out, however, the Core CPI was in line with expectations. The Bond market liked the report and initially added to yesterday's gains, but have since come down after the Capacity Utilization and Industrial Production both came in a little hotter than expected.
Stocks, on the other hand, are at 2009 highs and are getting a boost this morning on positive comments from billionaire investor Warren Buffet, who remarked that the US economy has bottomed out.
Currently, the Bond remains above support at the 25-Day and 100-Day Moving Averages. I recommend floating as long as these floors hold. I will continue to monitor the situation and let you know if a change of course is needed. In the meantime, I hope that you enjoy the rest of your day. If there is ever anything that I can do for you, please let me know.
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