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Tuesday, November 4, 2008

Election Day 11/4/08 Rate Watch: Carefully Floating

With Election Day finally here, Bonds will be taking their direction in price from the Stock market today in the absence of any financial reports to be released. International stocks did well overnight and Stocks here are up slightly with Bonds also up nicely since opening this morning. For now, it is prudent to carefully float and I will let you know if there is a change in this direction.

Good news from my Son this morning is that his wait was 5 minutes at his polling place! I voted early, so I hope my 40 minute wait made short lines for everyone today! :)