How long will we be in this financial market standstill?

  • If we don’t know why we have gone flat, it’s a reach to guess at the next move -- up or down -- but it will be one of the two, and the longer we stay flat, the more violent the shakeup will be.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

This last week extended the June freeze: The 10-year T-note this week traded between 2.19 percent and 2.14 percent; mortgages are not moving at all, hovering close to 4.00 percent; and the S&P 500 stayed between 2435 and 2447.