Last Week's Market In Review

Last Wednesday (Jan 28th), the Fed announced it was keeping Fed Funds Rate at the lowest ever rate (0 - .25% range).  They also expressed that the current economic conditions will keep the Federal Funds Rate low for quite some time as well as indicating they will attempt to subside inflation pressure over the next few quarters.

Also making big news last week was the Federal Deposit Insurance Corp (FDIC) announcing plans to set up a "bad bank" as an instrument to purchase bad assets from banks.  Without getting into the nitty gritty of the financial sector and its accounting system, in summation, lenders are facing a market in which they are forced to sell assets where very few buyers are present.  This is where the "bad bank" plan comes in to play.  The "bad bank" will purchase these bad assets in a creative attempt to help stimulate the financial sector.  Remember, none of this is finalized yet, but we'll keep you posted on the progress.

Don't forget to visit The Investor's Corner, our newest addition to The Meadows Team website.  You'll find lots of great information detailing how to succeed using Real Estate as a Long Term Investment.

Please give us a call if you have any questions.  513.766.3878.  Or you can Email The Meadows Team.