By: Fred Arnold Well we all know what hit the fan this week after the Fed made their market announcement about the future of interest rates. Although the Fed did not change a thing in regard to monetary policy, the markets reacted as if the sky was falling and both the bond and stock market tanked for 2 days straight. ...

By: Fred ArnoldDespite the absence of major market moving news in the U.S., stocks have had a wild ride for the first 4 days of the week.  The market volatility has been primarily based upon speculation about what the Fed will do regarding interest rates and economic concerns over seas.  The market finished Thursday only down 100 points for the week after ...

By: Fred Arnold Housing continues to improve at a rate much faster than anyone expected.  We are now fully into a seller’s market, and the seller’s know it.  More and more properties are seeing multiple offers and buyers are a lot more willing to settle just to get into a home.  (Hmm, doesn’t this sound similar to a real estate ...

By: Fred Arnold The gas pedal on the stock market has been almost to the floor in recent weeks as the indices have been hitting record highs almost daily.  The foot came off the accelerator on Wednesday when the Federal Open Market Committee Minutes were released.  In the minutes it shows that more and more of the Fed board members are starting ...

By: Fred Arnold A large company, feeling it was time for a shake-up, hired a new CEO. The new boss was determined to demonstrate his decision making ability and wanted to immediately take action to rid the company of all slackers. On a tour of the facilities, the CEO noticed a guy leaning on a wall. The room was full ...

By: Fred Arnold Sunday is Cinco de Mayo, hence the real-life, true, yes, true, well kind of true tale at the end of the paragraph. Anyway, Sunday celebrates the legendary Battle of Puebla on May 5, 1862, in which a Mexican force of 4,500 men faced 6,000 well-trained French soldiers. The battle lasted four hours and ended in a victory ...

BY FRED ARNOLD Without much to go on, the stock market has traded within a fairly narrow range this week.  Corporate earnings, which are being released daily, are coming out with few surprises.  It was reported at 8:30am Friday that GDP grew 2.5% for the first quarter of 2013.  This increase was more than most experts predicted.  More importantly, it ...

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It appears that the stock market rally that we have been experiencing over the last month has lost some of its momentum.  For the week, the market has remained in a fairly narrow range of plus or minus 100 points.  The media loves to sensationalize events so you will hear on some days that the market has hit new record ...

BY FRED ARNOLD Mortgage rates after weeks of slowly rising have returned to lower levels that we experienced 2 weeks ago.  The cause for the interest rate decline is the emerging concern about Europe’s financial instability and how it may impact the United States.  The biggest issue in Europe has been the banking crisis in Cyprus that has had their ...