For Our Members
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It seems that there is a deal a foot in Congress, got this from today’s New York Times, to freeze the subprime mortgage rate for next five years. It means that those previous fixed rates wouldn’t be able to surprise those holding these deals when the time comes to shift to adjustable. |
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Stories on the ongoing mess is in every news and business publication currently on the stands. Both head guys from Citigroup and Merrill Lynch have been pushed out the front door. There is talk that Citi Group may be forced to break up. (Not a good idea in the stock holders' opinions.) |
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Interest rate cuts generally support oil prices because they tend to send the dollar downward; the dollar is already at a record low against the euro. Oil futures have been driven to record levels in recent months partly because they offer a hedge against a weak dollar. |
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This article is our current newsletter covering some marketing angles based on current business news items. Click the Memberships button below if you are not already a member. |
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The ardor for younger consumers has lasted for decades, fueled by perceptions of them as being more likely to try new products and change brands and to spend almost every penny they make. |
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Martha Stewart Living Omnimedia Inc. said late Friday that it forged a partnership with E.&J. Gallo Winery to develop a brand of wines under the label "Martha Stewart Vintage" to be offered in six cities beginning in January. The wines will sell for about $15. |