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A Technical Move Continues to Drive Interest Rates Higher

Although news of the morning was generally friendly to mortgage bonds, prices are still falling lower in the bond market.  After hitting the 50% Fibonacci level, the improving trend we experienced came to an end. This reversal is primarily a…

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Stocks Face Worst Week Since Financial Crisis of 2008

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Waiting on the Fed

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A Warning from Alan Greenspan

In another perfect technical example, stocks hit the floor of support in late...
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