jay fredrickson

Wall Street Breakfast: Must-Know News

4% long term mortgage rates will help, but only if banks lend the money to people other than doctors with no debt.

The Markets Will Reward the Patient

The oil shock to our economy has just started to take hold. As more and more people spend more of their take home pay on gas, they'll have less to spend on all other things that create jobs and improve profits. Once gas gets to $3 a gallon the market begins to move up. IF IT DOESN'T, THE SLOW BLEEDING WILL CONTINUE. it could be 7,500 on the Dow before there would be any substantial rally with oil being up.