Mortgage Secrets…Learn What the Experts Say

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June 18th, 2008…

Stocks are under selling pressure this morning after FedEx Corp reported earnings lower than market expectations, and Morgan Stanley said quarterly earnings plunged as the ongoing credit crunch slowed investment banking and fueled trading losses. Mortgage Bonds are trading slightly higher on the news and may look to build on yesterday’s gains in the absence of any economic reports today.

This entry was posted on Wednesday, June 18th, 2008 at 9:25 am and is filed under Market Update. You can follow any responses to this entry through the RSS 2.0 feed.

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