Have the stock markets had a rough week? Absolutely.
Will it be over next week? Probably not.
Will the world come to an end because of the stock market? Nope
DOES ANY OF THIS HAVE ANYTHING TO DO WITH THE HOUSING AND MORTGAGE MARKET? Nope
The fundamentals of the housing and mortgage markets haven’t changed at all this week.
Call me if you need me, I’m off to do some fundraising for God’s Littlest Angels, an orphanage in Haiti.
I’ll probably be online later this weekend.
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The gold nugget in this quickie post is the truth about what didn’t cause this week’s cratering of the stock market.
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