November 15th, 2011 9:46 AM by Eric Fang
I don't have crystal balls. But I do have common senseand the knowledge.
I had one clients who asked me to lock lower rate for himbefore his trip to China. I told him to have a safetrip and not worry about the lower rates before his tripback usa around Thanksgivings. We will not see lower lowsbefore that.
The economy will not go anywhere, so does the stock marketand the bonds market. The Italy Crisis and the Greece debt issue is no news at all. It will only temporary move the market up or down. But not significantly change the bigpicture. It will be good market for trades, though.
I did see that we might see lower rates for fixed programs.But it will happen on the condition of France(if any).
Seems to me US economy will become a little bit better, thoughthe pace is very slow.