Mortgage Blog

Prediction?

May 1st, 2012 2:59 PM by Eric Fang

Yes, on Yahoo News, there is one "expert"
predict that the stock will be down as much
as 30% this year, thoigh it had a good start.

It's so hard to predict the market, especially
how is the year end close, like DOW 14000 or
13500, etc. But it is easier to know the trend.

The interesting thing about the economy recovery
is that company eraning is good, but the job market
is still not strong. The reason is that the jobs
those company created are overseas.

But I think the growth trend should continue, though
not as much as Obama expected.

I know a lot of people will ask me about the rate
trend. Well. It will be the same as economy growth.
It will be going up slightly. a spiral going up,
until everyone get a good rate.

Posted in:General
Posted by Eric Fang on May 1st, 2012 2:59 PM

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