Dave's Blog

(This post was originally mailed to subscribers on May 18th.  If you wish to subscribe, email me!) Looks like summer has finally arrived here in Bend and we missed spring.  Maybe those 3 rainy days were our spring? Check the last section below for some summer tips for your home.  It was also a su...

(Originally sent to subscribers on May 11th - Subscribe by emailing dave@signetmortgage.com) We continue to see the “green shoots” of a turnaround that have driven a stock market rally since March.  And the nation’s biggest banks appear to be standing up under “The stress tests”.  But what does i...

 (E mailed to subscribers on May 4th - become a subscriber by emailing me at dave@signetmortgage.com) Bonds and interest rates are improving again today in spite of a stock market surge.  Since the H1N1 flu scare hit the market early last week, stocks have been on a tear starting Weds and carryin...

(Sent to subscribers on Apr 27 - email dave@signetmortgage.com to become a subscriber) And it is an historic morning in Detroit as GM makes their big announcement.  Congratulations! You, as an American Taxpayer, are now part of the 89% ownership of GM, along with the UAW.  As a shareholder, you w...

Happy Tax Day!  (Sent to subscribers on april 15, 2009 - email me to become a subscriber!)  I hope your day is going smoothly and you are feeling some of the "good first steps toward economic stabilization" as Ben Bernanke said yesterday.  At Signet we are feeling it and want to share the love.  ...

April 6th post, delayed April 6th and a beautiful spring, bordering on summer day in Bend, OR.  Get out and absorb the rays today because this is described as part of our winter pattern and chill is coming back in the next couple of days.  Chill is what the markets have felt already today.  After...

March 30 post, delayed The rally in the stock market has been encouraging to economy watchers but the debate is on as to whether this is a bear-market rally or merely a “dead-cat bounce”.  This morning the stock market is off 200 points again as stock buyers are catching their collective breath. ...

March 23rd post Spring time showers are falling from the Federal Reserve clouds in million dollar notes.  As we reported on Fed Day Wednesday, the Fed announced an INCREASE of security purchases (including Mortgage Backed Securities – MBS) of over a trillion dollars, bringing their planned purcha...

Fed Buying > $1Trillion More in Securities!    Fed Announces Huge Increases in MBS & Treasury Purchases      Pumping in $1.15 trillion, over and above $700B planned.   Greetings! Today is Fed Day and we thought it might be a sleeper! Yowza! The Federal Reserve released moments ago an announcemen...

No doubt you have heard the weekend hubbub about AIG paying $100+ Million in bonuses to their financial engineers.  When I first saw the NY Times alert on it I was incredulous.  My career has largely been as a financial executive with large multi-national corporations in Silicon Valley.  In that...