Cautiously floating
The Bond markets begin the last month of the year to the downside being pressured lower by better than expected economic news from abroad and as the Dow Jones Industrial Average tried to rally after two straight months of finishing in the red.
But this morning’s weak economic data from the ISM Manufacturing Index was able to erase some of the losses in Bond prices and caused Stocks to relinquish their gains.
Leonard Winslow
Direct: 434-760-2580
E-fax: 434-688-0496
943 Glenwood Station Lane, Suite 200
Charlottesville, Va. 22901
leonard.winslow@newamerican.com
web: http://www.newamerican.com/leonard.winslow
http://www.facebook.com/CharlottesvillesLoanExpert
License #MLO-4817VA-NMLS #265272
Direct: 434-760-2580
E-fax: 434-688-0496
943 Glenwood Station Lane, Suite 200
Charlottesville, Va. 22901
leonard.winslow@newamerican.com
web: http://www.newamerican.com/leonard.winslow
http://www.facebook.com/CharlottesvillesLoanExpert
License #MLO-4817VA-NMLS #265272
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