Flat Markets, Flatter Legos, and Secret Flats
Year Quote of the Day: “In the end, it’s not the years in your life that count. It’s the life in your years.” —Abraham Lincoln
Did you ever wonder what it would be like to see Legos being crushed by a hydraulic press?
Today in Economic History: For the first time in its history, the Dow Industrial Average passed 9,000 points when it closed for the day. It was also around this time I unloaded all of my underachieving Apple stock. Thus, the reason why I am not retired now.
Wuss’up This Week: Reports about the economy are released daily that can sway interest rates in either direction. Today we’ve got the FOMC minutes being released, and tomorrow Jobless Claims (expected: 272k). Other than that it’s a pretty quiet week as the markets seem content being flat.
Interest rates remain in the mid-to-upper-3s with ARM rates about a half a point lower. As usual rates will vary based on credit score, type of home, equity in the home, and if the home is in the Eiffel Tower.
Don’t forget to remember: Any purchase or refinance loan over $240k I will waive ALL lender fees – a $1,050 savings! Grab yourself a cup of instant karma and pass this info onto any friends, family, coworkers, or guys that hate shopping with their significant others.
Year Quote of the Day 2: “My grandma can hold her breath for over fourteen years!” —@meganamram
Timeout for Trivia: Congrats to those who guessed Greenday last week. Want to be entered into a drawing to win Pot Heads. Simply email me the answer to this week’s Who Am I? question. Good luck: “Today I turn 47. I’m an actor who usually has pretty big parts in movies, although last year I took a small part in an action/comedy. A real small part! In ’95 I co-starred with Cher in a movie – no, not the Cher you’re thinking of. Many years later I worked at SmartTech and tried to get a woman to sleep with my buddy.”