Barker on the Market (30:36)
December 8, 2006—Mike Barker, Investment and Retirement Management, discusses the general nervousness of the market over the later part of last week, the events in the sub-prime mortgage market and its effects on the bond and stock markets along with the mixed signals sent by analysts and home-builder executives on the state of the housing market. Barker also talks about some of last weeks economic news, including Friday’s jobs report and the affects it may have on the upcoming meeting of the Federal Reserve, OPEC’s meeting later this week and its effects on the price of oil and Treasury Secretary Paulson and Fed Chairman Bernanke’s trip to China.