Jeff Tumbarello's (jefftumbarello) Blog

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Real Estate Broker/Owner - Steelbridge Realty LLC
RECENT BLOG POSTS
Helicopter Ben dropped a ton-o-money on the heads of the Bankers yesterday, but you can bet the majority of that spread will NOT be felt at the street level any time soon. Lenders NEED Borrowers, so much will be made of a slice from the advertised interest rates offered, but most won't end up pay...
09/19/2007
Wednesday's bond market has opened in negative territory as stocks continue yesterday's late rally. The stock markets are posting another round of gains during early trading with the Dow up 86 points and the Nasdaq up 19 points. The bond market is currently down 19/32, but due to strength in mort...
09/19/2007
The Goal: J Paul Getty - "If you can count your money, you don't have a billion dollars." The Method: Vince Lombardi - "The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand."...
09/18/2007
I think this is why many did not see the RE market was going to tumble  I am a numbers geek, I gather data by the GIGABITE, some manually done, some robotic, some gathered by a serviceI have learned to stop trying to use the data to confirm my intent or train of thought  and to "think" about the ...
09/18/2007
TUESDAY AFTERNOON UPDATE:Today's FOMC meeting adjourned with an announcement of a rate cut of a half point. This move didn't come as a surprise to many analysts, but was the first reduction since June 2003. The stock markets have reacted favorably with the Dow now up 230 points and the Nasdaq up ...
09/18/2007
Its Onthis will helpin a trickle down sort of wayJT Fed Cuts Key Interest RateThe Federal Reserve cut a key interest rate today, aiming to prevent turbulence in the housing and credit markets from slowing the U.S. economy.The Fed's policymaking committee slashed the federal funds rate, the rate t...
09/18/2007
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Tuesday's bond market has opened in negative territory following the release of this morning's inflation data. The stock markets are posting early gains with the Dow up 70 points and the Nasdaq up 8 points. The bond market is currently down 7/32, but I am not expecting to see much of a change in ...
09/18/2007
Monday's bond market has opened in negative territory as the markets await tomorrow's events. The stock markets are showing losses also with the Dow down 65 points and the Nasdaq down 20 points. The bond market is currently down 3/32, which with Friday's late weakness, will push this morning's mo...
09/17/2007
Applying Economic Data to Interest Rate Volatility   Bull Countrywide obtained $12B credit from its banks in additional & existing lines of credit 80% of its funding has come from its banking unit - strategy to rely on its deposit-taking savings bank - Fed window is cheaper than raising investor ...
09/13/2007
please learn all you can about Ben Bernanke by STUDYING like one might when far behind in a required College course. Mr. Bernanke has been around much longer than most people know, but he's stuck to his guns on the RIGHT fiscal policy even when his BOSS (Mr. Chairman hissownself - Greenspan) was ...
09/12/2007
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