OPTIMISM
From the giant rally of the markets yesterday, we can gather that there is great optimism among investors regarding the credit "crisis". From MSN news:
"Treasury yields rose and the dollar advanced against the euro, signs of increased confidence among investors that Wall Street will weather the credit crisis.
Oil and gold, traditional hedges against inflation, fell for the third consecutive session. And a pair of better-than-expected reports on the manufacturing and construction industries helped bolster the market, as well."
In Tyler Texas Real Estate, everybody that wants to work can work. Construction is booming, and folks are buying homes and renting commercial space. Credit crisis??? "we ain't got no stinkin' credit crisis!"
"Treasury yields rose and the dollar advanced against the euro, signs of increased confidence among investors that Wall Street will weather the credit crisis.
Oil and gold, traditional hedges against inflation, fell for the third consecutive session. And a pair of better-than-expected reports on the manufacturing and construction industries helped bolster the market, as well."
In Tyler Texas Real Estate, everybody that wants to work can work. Construction is booming, and folks are buying homes and renting commercial space. Credit crisis??? "we ain't got no stinkin' credit crisis!"
posted by John and Flo Martin at 1:40 AM
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