Jumbo CD Investments - CD Rates Blog

Have We Hit Bottom

Many commentators are saying we’ve hit bottom. I’m not so sure. Anyway, here are some links to articles out there.

First, from CNN, an article about the dreaded Stagflation or maybe just stagnation. http://money.cnn.com/2008/08/19/markets/thebuzz/index.htm?postversion=2008081911

It appears that our economic gloom is finding its way around the world. Although, it will probably help keep inflation in check, it also means a global downturn.

Second, another blog gives some statistics as to how much further housing needs to fall. www.oftwominds.com/blogjuly08/70K-median7-08.html

Next, a fellow blogger is going out on his own. Give him some encouragement and bookmark him. He’ll soon be writing a whole lot more. Stop Worrying About Your Finances

Finally, I don’t know how many of you are Big Foot fans, but I enjoy the mystery and thought of undiscovered creatures such as him and Nessie. On Friday, there was a lot of hoopla about the discovery of a body. Sadly, it turned out to be a hoax, or did it. Maybe the reported den of them is much more intelligent than believed, and they took their buddy back. :O) www.foxnews.com/story/0,2933,406101,00.html

I hope you enjoy. We’re working a new blog design. Our newsletter subscribers will get the first preview.

Have a great day.
cd :O)