Submitted by CARPE DIEM
Based on 30-day Fed Funds futures trading for December at the CBOT, the chance of a Fed Fund rate cut to 4.25% in December increased today from 80 to 86%. The Dow posted its biggest 2-day gain in 5 years.
Visit 1800blogger to see all of our industry leading blogs.

Rating 3.00 out of […]

continue reading.....

Submitted by CARPE DIEM

The DJIA was up today by 2.55% (red line), but how about those NASDAQ bank stocks (blue line) - they made a nice 4.19% recovery today!!? Holy Moly!!
Visit 1800blogger to see all of our industry leading blogs.

Rating 3.00 out of 5

[?]

continue reading.....

Submitted by Businomics Blog
Amazon has set up it’s “Search Inside” feature for Businomics: From the Headlines to Your Bottom Line–How to Profit in Any Economic Cycle. I had never used the feature for any book, so I tried it out on mine. Here’s how to do it: Go to Amazon’s Businomics Page and […]

continue reading.....

Submitted by CARPE DIEM

Health care entrepreneurs working outside the traditional health insurance payment system are using telephone, e-mail, text messaging and innovative computer software to make medical care more accessible and convenient for patients, according to a new study by the National Center for Policy Analysis titled “Convenient Care and Telemedicine.”
Approximately 1 million patients are […]

continue reading.....

Submitted by CARPE DIEM

“Cyber Monday” sales set a new all-time single day record for e-commerce sales of $733 million, according to comScore, representing a 21% increase over last year. While Monday represented the first time ever more than $700 million was spent in a single day by online shoppers, comScore said that it expects spending […]

continue reading.....

Submitted by CARPE DIEM

The chart above is from an article in today’s Detroit News, illustrating how one Detroit homeowner got into foreclosure trouble: Ethel Cochran refinanced her home 7 different times within a ten-year period at adjustable rates, pulling out more and more equity each time.
30-year fixed-rate mortgages were available in 1987 for about 10%, […]

continue reading.....