The NewsHour's Ray Suarez discusses the problems in the housing, mortgage, and credit markets, and their impact on recent stock valuations. Problems with mainstream mortgages beyond the subprime meltdown are covered. An expectation that U.S. housing will continue to decline until at least 2009 is expressed.
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Sunday, July 29, 2007
PBS NewsHour 20070726 Housing Makes Bad DOW Day
Bill Paying System - Matt Sellhorst
Do you have a system that you use to pay your debt? If not, you are missing out on one of the best ways to eliminate all of your credit card debt much fast than you ever thought possible.
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Your Report is on its Way! - Matt Sellhorst
The report you requested on how to save thousands on credit card and mortgage interest charges is on its way! Here is a sneak preview of what you'll find inside!
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Kid's College Funds - Matt Sellhorst
What are your plans for your kids college tuition? Scholarship? Student Loans?
If you have loads of debt already, your kids college may push you over the edge, unless you do something about it right now!
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Mixed signals on the economy
Fear grips Wall Street
Jul. 26 - U.S. stocks suffered one of their biggest losses of the year, as part of a global sell-off, led mainly by worries tied to the housing market and fear merger and acquisition activity will slow. The Dow tumbled 311 points to 13,473. The S&P 500 lost 35 points to 1,482. The Nasdaq slid 48 points to 2,599. Crude oil hit $77 a barrel before falling.
Conway G. Gittens reports from New York.
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The Monthly Payment Trap - Matt Sellhorst
One of the greatest tricks that the credit card or Debt Industry as I like to call it has played on us is to think in terms of monthly payments. Learn how this can cause financial disaster for you and your family!
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