Great time to buy real estate--because everyone believes the bubble will burst. It never happens that way. In NYC this week there is an absolute mania of outbidding, with no end in sight. Prices will continue to explode for at least the next 24 months.
Greenspans way of harming President Bush.
Rank freakin' speculation: that is all cnnfn.com has to offer. That web site is sure to accentuate any negative in the current economy and minimize good news.
CNNfn is nuts! The most we can expect is 1.50 - 1.75 for one year. There is very little pressure to raise rates. The chicken little liberal media is trying hype rate increases to damage the recovery for their own political agenda.
And now for a little perspective that CNN didn't want to provide. The 10 year T yield:
http://finance.yahoo.com/q/bc?s=^TNX&t=my