GOOD NEWS

News headlines have given investors some confidence in the equity markets this week. For example, Citigroup announced that it has a strong capital base and is looking at profits instead of losses over the first few months of the year.

Also giving Stocks a boost were remarks from Treasury Secretary Geithner and Federal Reserve Chairman Bernanke. Geithner stated that the US has done more in the last few weeks than other countries have done in years. Bernanke, on the other hand, indicated that the recession would be over by year-end if the banking situation is stabilized. He also reiterated that major financial institutions would not be allowed to fail.

Have a great day!

David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899E-Mail: david@davidjedwards.com
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The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.