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+--- Thread: Curtains for the USD? mmmm! (/thread-5519.html)
Re: Curtains for the USD? mmmm! - SCA - 12-16-2015
See...you have a few things that are supporting the stock market:
Stable dollar strengthening
Low Interest Rates
Cheap Oil
Tight lending by the banks
Now when you put those factors into the mix, you will find that more money flows into the markets.
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
More importantly how does this affect Commercial Banks :
what will they do with Consumer Loans, Cerdit cards an Mortgage rates .
Recall 18% mortgages back in the 80s
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
[quote author=ketchim link=topic=65032.msg669786#msg669786 date=1450292942]
More importantly how does this affect Commercial Banks :
what will they do with Consumer Loans, Cerdit cards an Mortgage rates .
[/quote]
more than likely raise borrowing rates
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
Bond Market should be the least concern for the average Citizen
as well as the Dow , as well as GDP.
Credit cards, Car Loan , Mortgages et cetera .
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
Bank of Canada raise 25 basis points
which is really the overnight lending rate to the Commercial Banks
The commercial banks then raise a full point to the Citizens >
send people mortgages Crazy
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
wells fargo has just raised their price. hhhaaaaaaaaaaaaa
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
its gonna be a bloodbath.
shorttttttttttttttt
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
Hope your Mortgage NOT coming up for RENEWAL
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
.25 is not an issue
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
well fargo prime 3.50