SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (482756)10/28/2003 1:41:42 PM
From: Hope Praytochange  Respond to of 769670
 
you mean the financial institutions are dumb to lend money to unemployed potential homeowners ???



To: Kenneth E. Phillipps who wrote (482756)10/28/2003 1:43:50 PM
From: Hope Praytochange  Respond to of 769670
 
kenny: here are the job statistics of a bank report: hope you understand what you read
<<<Those surveyed reporting jobs are "hard to get" edged lower to 33.8% from 35.1%, while those claiming jobs were plentiful rose to 11.8% from 9.9%. Consumers' assessment of current business conditions also improved, with those surveyed rating conditions
as "good" increasing to 17.2%, up from 16.2%. Those claiming conditions were "bad" fell to 28.4% from 11.9%.

The employment outlook was also more upbeat in October. The
survey showed those anticipating more jobs to become available in
the next six months increased to 19.7% from 16.6%. Those
expecting fewer jobs to become available decreased to 20.8% from
21.1%. The proportion of consumers anticipating an increase in
their incomes, however, fell to 16.7% from 19.0%.

Sector action is broadly higher ahead of this afternoon's FOMC
meeting and decision on interest rates, where the bulk of market
participants expect the Fed to leave rates unchanged at 1.0%. A
quick look at the December Fed Funds futures contract (ff03z)
98.995 (unchanged) shows roughly no chance (100 - 98.995 =
1.005%) for a Fed move on rates.

>>>>>>>>>