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I am hearing a score of different opinions about how this rescue or that bailout is going to affect the credit market, stock market or housing market. Seldom do the agree… most float to the extremes:
It won’t have an effect at all, it is wasted money
If we don’t, the world will crash down around usAnd [...]
- Caution: Entering an epinion zone!
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I will have the Market Report for Gwinnett County in the next day or two, but I thought I would leak a little of the information.
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There are so many things going on in the world of finance right now. I know that you are hearing about things like:
Mark to Market
Credit Market Freeze
Derivatives
Sub-Prime Mortgage Meltdown
Mortgage Backed Securities (MBS)And there are a hundred more…
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If you didn’t immediately know what I was talking about from the title, you need to spend a little time here, and then a lot of time here. Keep in mind that this is a LONG book… 1200 pages. I’ve read my copy three times. It is an incredible book.
But, this isn’t [...]
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Yes, it would be one of the catch-lines from “Hitchhiker’s Guide to the Galaxy“, but it could hardly be more appropriate to the situation that we are facing both locally and nationally. And there are two very different situations that we are facing right now…
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