Monday’s bond market has opened strong with the major stock indexes well into negative territory. The stock markets are reacting negatively to economic concerns from overseas and a financial move from Japan’s central bank that affected the value of the U.S. dollar versus their yen.
Laurie Farber-Condon
Santa Fe Las Campanas Stock/Bond Market Report
Friday’s bond market has opened well in positive territory following the release of fairly favorable economic news and the apparent inability of stocks to add to yesterday’s gains.
Las Campanas 3rd Quarter Update
Restoration of the indoor pool surface and decking at Las Campanas Spa and Tennis Center.
A Good Day For The Market
The Dow Jones industrial average rose 340 points, while the S&P 500 and the Nasdaq each gained more than 3%.
Santa Fe Las Campanas Market Rates
As if we didn’t know: Santa Fe was last week cited as one of the 10 Best Places to Retire in 2012, according to U.S. News and World Reports. Here is the link if you care to see the full article: http://money.usnews.com/money/retirement/slideshows/10-places-to-reinvent-your-life-in-retirement. In the meantime, conforming rates are still in a holding pattern, close to last week’s rates, but JUMBO RATES HAVE IMPROVED
Monthly at The Club at Las Campanas- Bird Walks
Contact: Tom Egelhoff tegelhoff@clublc.com Complimentary monthly bird walks
Las Campanas- Fall Schedule for the Mixed Grill
Mixed Grill Hours of Operation at Las Campanas- Beginning November 1st, all food and beverage service
Santa Fe Las Campanas Bond/Stock Market Report
Friday’s bond market has opened down slightly as stocks close the week with a rally. The stock markets are reacting favorably to a couple of factors, primarily strong earnings news this week.
Foreign Buyers- Is This A Solution?
By NICK TIMIRAOS
The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S.
It’s Time To Buy That House
It’s Time to Buy That House By JACK HOUGHThe Wall Street Journal U.S. house prices have plunged by nearly a third since 2006, and homeownership rates are falling at the fastest pace since the Great Depression. The good news? Two key measures now suggest it’s an excellent time to buy a house, either to live in for the long term or for investment income