Every Fed chairman has been greeted with a trial by fire.
Keep in mind, consumer confidence is tied to your job.
Keep in mind that export orders are a big part of this and since Asia has turned, so has manufacturing turned.
The events of this week make a more pronounced v-shape in the downturn. While obviously this will have a very short-term negative impact on us, investors should be focused on the next six-to-nine months.
I do think that a rate cut is coming, more likely toward the end of the year when we see some of the economic data.
We expect that the mortgage rates will continue to trend upward over the coming year but that upward trend will be modest at best.
We're getting to the point where it's becoming more difficult for either side to back down from their positions.
The man who achieves makes many mistakes, but he never makes the biggest mistake of all - doing nothing