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“Highs” and Lows

Drug Quote of the Day: “Drugs are a waste of time. They destroy your memory and your self-respect and everything that goes along with your self-esteem.” – Kurt Cobain (musician) Wuss’up This Week: Rates ticked up last week, which pushed rates slightly higher. What will affect rates this week, Mortgage Fans? Today the Fed “Beige […]

“Ya Gotta Have Heart…”

Heart Quote of the Day: “Few are those who see with their own eyes and feel with their own hearts.” – Albert Einstein Wuss’up This Week: This week is light on rate-changing economic reports. Thursday’s Weekly Jobless Claims (higher unemployment = lower rates) and 10-year TIPS Auction (notes will be auctioned; strong demand can lead […]

An Irresistible Urge

Compulsiveness Quote of the Day: “I’m a compulsive musician, but it’s also a bloody good way out of having to do anything else.” – Alexis Korner (blues musician) Fun Fact: In the 18th century, if you needed to make change the dollar was actually cut into eight pieces or bits. This is the origin of […]

Same As It Ever Was, Same As It Ever Was

Sameness Quote of the Day: “Sameness is the mother of disgust, variety the cure.” – Francesco Petrarch (Poet) Wuss’up This Week: Thanks to a strong stock market and bailout funds for Greece the interest rates got hammered last week, going up by more than .25% in a 3-day span. Haven’t seen an increase like that […]

Happily Ever After?

Happiness Quote of the Day: “If you want to live a happy life, tie it to a goal, not to people or things.” – Albert Einstein Wuss’up This Week: Last week Fed Chairman Bernanke acknowledged in his press conference that the economy – like my diet – had hit a “soft patch,” and that he […]

Lies, Damned Lies, and Statistics

Lying Quote of the Day: “The naked truth is better than the best dressed lie.” – Ann Landers Wuss’up Today: The Fed meeting adjourns with a 99.4% chance that Bernanke will keep the prime rate unchanged at 3.25%. Balancing out this meeting, there is a 0.06% chance that I will have a good hair day […]

A Return to Normalcy

Normal Quote of the Day: “The only normal people are the ones you don’t know very well.” – Joe Ancis (comedian) Wuss’up This Week: Got my son’s report card yesterday and it covered every possible grade on the scale (taking after me…I’m frightened for him). If this report card were a chart it would resemble […]

For Those About to Rock…

Guitar Quote of the Day: “I want every girl in the world to pick up a guitar and start screaming.” – Courtney Love Wuss’up This Week: Last week some weak employment reports pushed rates down slightly. Will rates stay low? That depends on today’s 10-year Treasury Note Auction. The last 10-year auction totaled $24 billion, […]

Honesty is the Best Policy

Truth Quote of the Day: “All truths are easy to understand once they are discovered; the point is to discover them.” – Galileo Wuss’up This Week: Three reports come out this week about jobs (today’s ADP Employment report, tomorrow’s Weekly Jobless Claims, and Friday’s Employment report) Rates can jump up and down based on any […]

Topics of Conversation

Talking Quote of the Day: “If you wouldn’t write it and sign it, don’t say it.” – Earl Wilson (columnist) Didja Know… The Federal Reserve System lists the following life spans: $1 bill – 22 months; $5 bill – two years; $10 bill – three years; my George Clooney haircut – 17 years (and counting); […]