Barker on the Market (31:56)
September 7, 2006—Mike Barker, Investment & Retirement Management looks at the economic news of the week and its affect on the market. Barker discusses the guidance lowering news from homebuilders Beazer and KB Home, the negative news from the National Association of Realtors and his expectations for future housing developements and market reaction. Also discussed is the drop in oil prices, the Federal Reserve Beige Book and the options available to the FMOC at its next meeting and the historical aspects of the month of September on Wall street.