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Yup, the market is so unpredictable right now. It’s hard to see when things will become better for good. I hope it’s soon enough.
John, you’re right, it is hard to predict. But, generally speaking, anything that is good for the economy is bad for mortgage rates and vise versa. Bond investors sell stocks and buy bonds when the economic outlook is bad for stocks. And when the stock market looks good, people sell their bonds and buy stocks.
In the past there has been a clearly defined inverse connection between the equity markets and the bond market. Recently, it is not as clear.
I will keep everyone informed here at http://www.MyGulfCoastBeachTeam.com as the market changes and evolves through the economy.
Thanks for taking the time to clear things up and for your dedication to keep us updated. Cheers!
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Gulf Shores Condos’s last blog post..100,000 TUNA
Thought I would drop in for a quick comment. Been hanging out around on your site for a little while now…
Just thought I would hit you up on one of your posts to let you know I’m here.
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