Friday, September 24, 2010

Jeffrey M's plan to fix the economy is brilliant......

Write more loans !!!!! this company believes and is backing up their words...

Tell Jeff that Larry from Mt Rainier Properties sent you.....

Economic Commentary

9-17-10 Economic news continues its roller coaster ride. Fears of a double-dip recession are fading as economists are less worried that the U.S. will experience another round of mass layoffs. The third drop in jobless claims in four weeks and a mild uptick in wholesale prices in August add to the evidence that a second recession is unlikely. While this may indicate that the economy is still growing, it is at a pace far too slow to create many jobs, which is the key to emerging from the recession. Small business hiring, thought to be a significant barometer of economic health, is not happening at a meaningful level. The 10-year Treasury stands at 2.77%.

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Jeffrey Meierhofer

Associate Director

Marcus & Millichap Capital Corporation
50 West Broadway
Suite 100
Salt Lake City, UT 84101

(801) 736-2600 ext. 2621
(801) 736-2621 direct
(801) 736-2610 fax
(801) 277-2393 mobile

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