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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BY FRED ARNOLDJoke: A new business was opening and one of the owners friends wanted to send flowers for the occasion. They arrived at the new business site and the owner read the card; it said “Rest in Peace”. The owner was angry and called the florist to complain. After he had told the florist of the obvious mistake and ...

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 ...

By: FRED ARNOLD Q: How do you know when the stock market is volatile & unstable? A: The morning bell is rung by Britney Spears! Go Figure! The housing market index to almost everyone’s surprise turned lower for the second straight month. The issue seems to be more about builders having difficulty locating available lots to build and a lack of ...

BY FRED ARNOLD The stock market has been eerily quiet as of late. The markets have pulled back off of their most recent high’s and it appears that the decline is more about financial uncertainty than about specific economic events or data here in the United States, however Europe is playing a part in the declines. Earlier this week the ...