Florida Renovation Loans: April 2010

Greek Debt Markets may be tipping point for Stock Markets

Yesterday as we watched the theater of the absurd between the Government leaders who barely knew the difference between a CD and a CDO and the sharks of Wall Street, the debt markets of the Greek Bond Market were collapsing.  The ratings agencies after being burned in the late to the game ratings downgrades of the aforementioned CDOs were jumping into the mix on the latest domino to fall in the bond markets of Euro land.

Stocks seem to have noticed as the so called great news on the economy and with companies reporting earnings, it didn't matter yesterday as stocks dropped over 200 points.  Maybe it was the full moon.  Whatever it was, yesterday seem to mark a tipping point in the financial markets and it makes todays FED meeting even more important.  Oh it is expected that Ben will leave rates low for as long as it takes, the debt markets will tell us when this policy combined with the rediculous spending will force our bond market to thrust rates upward like the Greek bond market did yesterday.  This morning it is spreading to Portugal.  Can we be far behind?  I think not.  We shall see if the Government leaders stop and take notice from their public flogging of Goldman Sachs long enough to stop the credit card mentality that is now the US goverment.  Buy today and pay tomorrow by robbing from our children still seems to be the choice they are making.  Sad, really sad!

Michael Cantwell

Loan Consultant - Boca Raton, Florida

My website - www.loanDepot.com/mcantwell

My Mobile # 561-262-5366

My Outside Blog Florida Renovation Loans

 

 

 

               

Comment balloon 2 commentsMichael Cantwell • April 28 2010 05:46AM
Greek Debt Markets may be tipping point for Stock Markets
share
Yesterday as we watched the theater of the absurd between the Government leaders who barely knew the difference between a CD and a CDO and the sharks of Wall Street, the debt markets of the Greek Bond Market were collapsing. The ratings agencies… more
Post 1000: 3 Years Playing in the Rain and What it Means to Me
share
Erica has a great blog on how to use ActiveRain to your advantage! Michael WARNING: LONG, HARD CORE BLOG TALK! This is my 1000th post. I wanted to write something significant and meaningful about my 3-year… more
The Breaking News Network is Non-Marketing Marketing
share
Here is information on our new Breaking News Site Sounds clever doesn't it. But the revolution caused by the internet opening up media is more than clever, it is a change in the rules of engagement. First, we all are now… more
Using Twitter For Your Business: Getting Followers
share
Twitter is my new favorite social media tool. Great Blog from Cinda, Mike Cantwell JupiterPalmBeachNews Twitter is a lot like ActiveRain and other blogging communities in the fact that it becomes more… more
No more FAN Pages on Facebook!
share
Facebook continues to evolve. Mike No more fans on Facebook, just "likes and interests". Your fan page is now called an “Official Page” and your fans will be friends who go to a page and click on the… more
It's All in Your Mind- Keller Williams Agents in Pembroke Pines Know…
share
It's All in Your Mind- Keller Williams Agents in Pembroke Pines Know That Ever notice how highly productive people rarely get tired? Well that's because they're passionate about what they are doing, you would think they would be tired because they… more
Chinese Drywall - The Final Solution
share
Great article from Jay on Chinese Drywall A great solution is renovation loans like the FHA 203k Loan Michael Cantwell Renovaiton Branch Sales Manager Two things have happened in the past few weeks… more
When will we see this "Brokerage of the Future"
share
Great tips on the new way to do business. Michael In a LOT of ways… Its already here. As an Internet marketing consultant who prides himself in debunking current thoughts on what actually works and doesnt? I invest a fair… more
Boom and Bust is what we have here!
share
Boom and Bust is an age old cycle. How do we stop it is the question? Better yet can we or are we just fooling ourselves? Great Video gives some perspective! more
NFL Draft 2010 coming soon to a Jupiter, FLorida TV Station near you.
share
The NFL Draft for 2010 is coming soon and I asked my son Lucas if he wanted to work with me on a detailed list of what we thought would be the results of this draft This is often referred to as a mock draft The draft is set for the 22nd of… more