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Stock Market

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2006 :: December
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• New Strategies to cop up with the Foreclosure Problem
Various associations and companies have recently taken up new perspectives to deal with the mortgage crisis. They are inventing and applying various schemes and tools to cope up with their loss and draw some good prospects to the mortgage market.
 
• Fed Cuts Key Rates By Only Quarter-Pt.; Wall St. Not Happy
Once again for the third time, the Federal Reserve lowered the interest rates. But the enthusiastic investors seemed not at all happy as the rate was cut only by quarter point. The Federal Reserve took this move to ease the credit and the housing market and as a whole to save the economy from going into recession. But the twisting point here is that the market is quite upset about the rate cut as it was expecting a bigger cut.
  
• Wall Street waits for Fed’s Rate Decision
Since the last two weeks the stock scenario seems quite flexible, this is mainly because the investors were more or less relaxed about the housing and the financial sectors. This week, all eyes are set on the Federal Reserve, which is expected to cut the rates further. However, this will be the third rate cut of the year. Earlier, the Fed had dropped rates twice due to the surging mortgage defaults.
  
  
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