Barker on the Market (35:54)
December 7, 2007—Mike Barker, Investment and Retirement Management assesses the housing and mortgage situation and the president’s proposal to freeze low introductory mortgage-interest rates, discussing the market’s short and likely long-term reaction. He also talks about the report due out later this morning on jobs numbers and the actions that the Federal Reserve Open Market Committee might take at its meeting next week. Barker also discusses the month of December and the market in 2008.