Recommendation: Float, but float with caution!

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With no reports on the Economic Calendar today, the bond market is holding steady which means interest rates are holding. The Big News is scheduled for Wednesday (October 31st) as we all await the Feds next move; whether to cut rates or not. Also up on the Economic Calendar we have: the quarterly Employment Cost Index, Core Personal Consumption Expenditure (PCE).

Did you know...
Today is "Black Tuesday!" 78 years ago today, October 29, 1929, the Stock Market crashed have lost approximately 60% of its value. Soon thereafter came the Great Depression. Unemployment rates sored to historic highs of 25%. So if you think the Real Estate Market isn't doing so well, just think how bad things were back then.