Prime gets low,low,low,low…

The Federal Reserve dropped the federal funds rate by .5% down to 1%.  This is the lowest it’s been since June, 2004.  It was at 1%, the current rate, for one year:  June, 2003 to June, 2004.
This means prime rate will drop to 4%.  Prime rate is a key factor for much of our short [...]

Rate Drop

The Federal Reserve had an emergency rate cut of .5% points on the discount rate this morning.  This was coordinated with several other Central Banks around the world as a concerted effort to stem the tide of rising panic and uncertainty in the market worldwide.  This means short-term rates, such as prime, will drop by [...]

Sorry about the sound problem on the feed tonight, we will have it fixed by tomorrow

Sorry you are unable to hear the audio from the show tonight below, but not to worry, we will have it fixed by tomorrow and you can watch and LISTEN to tonight’s show! Thanks for your patience!!