Mike Aavang's Blog

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Mortgage and Lending - Wallick & Volk Arizona's #1 Mortgage Lender - NMLS #251674

ARCHIVED BLOG POSTS

2012 

  My mother was slender, ate a healthy diet full of fruits and vegetables, and exercised regularly. She died of cancer two months after her 62nd birthday. My father was a healthy, normal-weight man when a stroke killed him. A friend who never smoked recently died of lung cancer. So I'm not one of...
04/30/2012
By Igor Greenwald, MoneyShow.com   Does anyone give stock to newborns anymore? I confess to have completely overlooked this question.   I imagine stocks go into the same storage bin with sharp knives, lead-painted Chinese toys and options on Florida swampland. After a gut-wrenching decade that wa...
04/30/2012
The Dow Jones industrials ($INDU -0.11%) actually finished up about two points for the month, while the Standard & Poor's 500 Index ($INX -0.39%) and the Nasdaq Composite Index ($COMPX -0.74%) were off 0.8% and 1.5% for the month. Blame Spain for the market's 's decline. The European nation has s...
04/30/2012
On paper, consumer price inflation has been tame, personal incomes are modestly higher, and measures of senior poverty are reassuringly low. But in the real world, prices for many consumer items are much higher, especially in poorer neighborhoods without Wal-Marts and other price-conscious retail...
04/28/2012
  In corporate news, U.S. automaker Ford (F -1.85%) reported earnings of $1.4 billion, or 35 cents a share. Excluding certain items, the company's profit was 39 cents, more than the 35 cents analysts surveyed by Thomson Reuters had expected. Revenue was $32.4 billion, topping forecasts for $31.5 ...
04/27/2012
  Stocks were climbing Thursday after a new report showed that home sales were increasing despite the weak economy.   The Dow Jones Industrial Average ($INDU +0.41%) was up by 40 points, or 0.3%, at 13,131. The S&P 500 ($INX +0.17%) was up by 0.5 point, or less than 0.1%, at 1,391. The Nasdaq ($C...
04/26/2012
Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated. Household spending and business fixed investment have...
04/25/2012
LONDON (Reuters) - Britain's economy slid into its second recession since the financial crisis after official data unexpectedly showed a fall in output in the first three months of 2012, piling pressure on Prime Minister David Cameron's embattled coalition government. The Office for National Sta...
04/25/2012
  Stocks were rising Wednesday, with the Nasdaq jumping almost 2%, after Apple (AAPL +8.95%) and Boeing (BA +4.11%) reported better-than-expected quarterly profits.     The Dow Jones Industrial Average ($INDU +0.51%) was up by 73 points, or 0.6%, at 13,075. The S&P 500 ($INX +1.02%) was up by 14 ...
04/25/2012
When will the Government get out of the this Countries way ? and let it get back to Running it's self with out all the BS that out Government brings in to play! Just get out of the way and We/Country will be fine!!! The government passed a mortgage rule change on April 1st.  How typical of the go...
04/24/2012
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Mike Aavang

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