12-18-2020: Mortgage Rates Hit Another Record Low
According to Freddie Mac, the average interest rate on a 30-year fixed-rate mortgage is at a 50-year low-- yet, soaring buyer demand is keeping home sales at their highest pace in more than 15 years.
Today's Stocks & Topics: CMA - Comerica Inc., STRL - Sterling Construction Co. Inc., Bill Gates & QS - QuantumScape Corp. Cl A, AMZA - InfraCap MLP ETF, RIO - Rio Tinto PLC ADR, Life Insurance.
TRIVIA QUESTION: "Since the gold standard was removed, the amount of United States dollars in circulation has steadily INCREASED-- can you name the YEAR in which a U.S. President took us 'off gold'? And-- WHAT was our total money supply in that year?"
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.
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