And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
For its big event september 10th at its headquarters in cupertino, california. Its widely expected the tech company will unveil its next iphone kodak is expected to emerge from bankruptcy. The Iconic Company has been in chapter 11 for 20 months. Kodak will continue as a smaller Digital Imaging company. Investors holding old shares will be able to write it off as a tax loss. Larry shover of sfg alternatives joins us now. Larry, is this a high risk market . It is a high risk market but the good thing is when you talk about syria, and you talk about the summers appointment, the budget deficit, the fiscal cliff. These things have been known risks for about a month now so the market has had time to digest them so the reaction might not be as big as if it just came out of left field. Oil has been trending higher. Will that trend continue . Im afraid the oil trend will continue to be higher. Supplies have been really tight even before we had these problems persisting in the middle east. The t