Articles

Anything for Trump too?

With the S&P closing the week at 2259 (and the Dow at 19,757) market observers are seeing something that they want to see, but ignoring reality.

Mnuchin will be responsible for trillions of dollars but totally ignorant of the important difference between LESS AND FEWER.

After over 20 years as the leaders in financial news, CNBC has given up their efforts to provide any meaningful financial market analyses.

London Oddsmakers are out with their odds for the 4 Copa America Centenario quarterfinals matches.

They say there are no guarantees in life and that is generally true. But there is a way that many of you can earn thousands more dollars without doing any significant work, guaranteed. This is no hoax or a joke. Interested? Read on.

Capital One is currently offering a 6 month promotional rate of 1.25% on new savings accounts opened at branches in New York, New Jersey, the District of Columbia, Virginia, Maryland and Texas with balances between $10,000 and $1 million.

The Federal Reserve announced today that it would continue to purchase $85 billion per month of mortgage and treasury bonds. Mortgage rates and CD rates had begun to rise in expectation of tapering and this move will act to depress rates for the next couple of months.

Bond rates spiked over the last month causing mortgage rates to rise significantly. What was the impact on savings and CD rates?

The economy continues to see-saw back and forth between good and poor economic news. Average bank deposit rates have responded by slowing their decline. Top rates are holding. Read on to see what I think the rate future holds.

The impact on savings and borrowing rates is expected to be minor.