A check on the yields on the tenyear right now. Youre looking at the 30year bond, 2. 985 . Want to get a mortgage right now . What do you think . Anybody . Better hurry up. What do you think . Better hurry up. Hurry up, right . Trains left the station . Whats going to happen to real estate prices . Well, commercial real estate prices, cap rates fallen to 4 . They only have one way to go. This is very true. Among todays top stories, were watching oil prices closely ahead of a key opec meeting wednesday. Crude was down sharply on reports of disagreement between opec countries and non opec exporters like russia over who should cut production to curb oversupply. A meeting scheduled for today between opec and non opec producers was canceled after saudi arabia decided not to attend. Take a look there. Wti down just a few cents a barrel, 46. 03 last trade, brent unchanged. On this weeks economic agenda, tomorrow look for the estimate on thirdquarter gdp, the s p caseshiller, Consumer Confiden
Straight day, we saw a biggerly sale off that was followed by a big recovery as investors grapple. Were asking a simple question on the show tonight. How can you fed proof your portfolio if they raise or dont raise . Guy . That is the question. You have to answer the question, do you think they are raising for the right reasons or raising because they boxed themself sboosinto a corner. I think the latter. I dont think because the economy is getting better. A lot of the data was in a word lousy. Is that is, in fact, the answer you stay low in the bond market. A huge sell off yesterday and didnt perform that well today but i still think what is happening here is the front end of the curve is going higher. The back end is going lower and i think you stay with that. Youre saying regardless of what they actually do, the economy is weak and therefore thats my opinion. Right. Of course. The folks at home have to answer that but thats what i think. Grasso . Was it real or reverse. Xlu came bac
Average. We had the big rally comeback rally and its been going sideways now. Its going to be 39 days today trading days when we have failed to see the dow move 1 up or down. Its happened again today. So as we kick off the month of september, kelly, after the postbrexit rally, we wonder if we get any volatility the month, right . Automakers are probably happy august is ending. Sales coming in weak. Well look at how long this downturn could last. Oil is hit today down more than 8 over the last week. But if you think its a buying opportunity, think again. We have somebody who says things are just going to get worse for the energy patch. Well, heres worse for you. Samsungs new phones are on fire. But not in a good way. We told you last week sales were much stronger than expected but issues are arising this week with reports of the batteries catching fire. Delays now in getting the phones in peoples hands. We have pictures and the impact coming up. Horrible, horrible timing with the iphone
IT was a great weekend in the ring for Kildare boxer, Kelsey Leonard. The young boxer won three fights in three days to win the prestigious Celtic Box Cup in…
It's time to recognize an amazing person in the community making a difference. Janaya Herring of Montgomery leads a mentoring group for girls while taking care of her own full household. She's this week's Vance Law Firm's Pay It Forward honoree.