Pay a slightly higher rate on their homes. That will take time. It is likely it may not have as much effect as people fear. There are other factors that would likely keep Mortgage Rates in check. When we survey the economists, they expected the fed to move by september or december at the latest. They predicted the Mortgage Rates would increase maybe a half point by the middle of next year. And some of the other findings, Economic Growth to remain by low 3 through 2017 is the expectation. Wage increases to remain below 3. 5 annual average and many expect hiring to fall to 175,000 a month, which would be down from recent years. Right. So, right. Those are some of the more where people are expecting more moderate but not gang busters growth. There has been this hope where the long run average for the u. S. Economy is about 3 annual growth. We havent had that since the recession. On jobs, we have been getting fairly decent, average, about 240 jobs per month for the last year. As the Unempl
Pay a slightly higher rate on their homes. That will take time. It is likely it may not have as much effect as people fear. There are other factors that would likely keep Mortgage Rates in check. When we survey the economists, they expected the fed to move by september or december at the latest. They predicted the Mortgage Rates would increase maybe a half point by the middle of next year. And some of the other findings, Economic Growth to remain by low 3 through 2017 is the expectation. Wage increases to remain below 3. 5 annual average and many expect hiring to fall to 175,000 a month, which would be down from recent years. Right. So, right. Those are some of the more where people are expecting more moderate but not gang busters growth. There has been this hope where the long run average for the u. S. Economy is about 3 annual growth. We havent had that since the recession. On jobs, we have been getting fairly decent, average, about 240 jobs per month for the last year. As the Unempl
Protesting president morsis decree to express its powers. Despite there, there was a nice pop, a move of 31 cents, about 2. 5 . It tracks Egyptian Companies that trade in egypt. David egypt, the fiscal cliff, so much uncertainty. Where do you put your money . Go to the big caps. Look at the winners among the big cats. Not huge, but this is where people are puttinggtheir money. They want it in safety. They are not putting it in gold. If you have to be in the market, go to the big cats. Thats whats happening. Liz president obama discussing the fiscal cliff, and, plus, speaking live to the iowa governor, his state facing a double whammy if we go over the cliff. What compromises hed love to see come out of washington, and how he believes they could reach them. This is a guy who deals with the Democratic Senate, so, really, he knows how to cross the aisle to make it happen. David somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead . Well s
By Debbie Stabenow of michigan. Good morning, calling this hearing to order of the Senate Committee on agriculture and nutrition and pleased to see all of ours colleagues here for the important hearing and discussion. Were here today because rapidly increasing number of americans are investing in cryptocurrencies yet theres no federal oversight over what makes up the majority of this market and just as quickly as theyve risen in population, weve seen the value drop and results of hard working americans that lost billions of dollars and dollars they used to support families, keep roofs over their head and save for hard earned retirement. Theres been thehe value of some widely traded coins and built sents on the dollar. Meanwhile 1. 2 billion worth of crypto currency was stolen in hacks some lack trust. We need clear consist rules for the road that allowed good actors to innovate and grow while first and foremost keeping customers safe. Oversight of one of the two nation regulators and i
Democratic control of washington, democrats controlled the house, the senate and the white house. And of course, that kind of thing cannot last. And it did not last. Because in the first Midterm Election that took place after bill clinton got elected president , the democrats just got shallacked, bill clinton won the presidency in 1992, it was 1994 when republicans took more than 50 seats from the democrats in the house. And in so doing, the Republican Party got control of the house for the First Time Since 1954. It was a huge loss for the democrats and a huge wins for the republicans. And because it had been so long, it really was a huge sea change in washington, it had been 40 years since they had seen republicans in power in congress. What did they want to do with their new found power . Now that they were in control in more than 40 years, turns out what they really wanted to do was shut down the government. Good morning, the u. S. Government is officially broke this morning and pre