• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Where Do Rates Go From Here? January 04, 2013

Watch Video In Full Screen Where Do Rates Go From Here? January 04, 2013 It was an exciting day yesterday, sparked by the release of the Fed Minutes.  Here’s the line that spooked the markets yesterday from the Minutes: “Several thought that it would probably be appropriate to slow or to stop the purchases well before the end of 2013, citing concerns about financial stability or the size of the balance sheet”. 

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

CLOSING TECHNICAL SIGNAL: It is not a classic one, but the 3-day pattern is very close to a Bearish Evening Star, which is a major top reversal pattern formed by three candlesticks. The long Red Candle on the third day, being today, confirms the reversal pattern. MARKET WRAP: Investors sold Bonds today and took some profits after the big surge in prices this week.Markets don’t go straight up or straight down so

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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