Not exact matches
The price is still languishing at
near -
historic lows, which seems odd
because the company's outlook is strong.
This is especially true today,
because rates are at
near historic lows and expected to move upward.
Generally I'm not fond of buybacks
because they are often made with the worst timing; when companies are generating excess cash their share price is not usually
near historic lows nor are they selling below book value.
And
because rates are
near historic lows, a lot of people feel that locking in a
low rate now for a long loan term is a good call.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already
near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates
low; Ryan notes that the Fed knows that they can't let interest rates rise
because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates
low or let interest rates rise and cut off the recovery.