Economic Report – April 6, 2008

Posted on April 6th, 2009 by katyfamilyhomes.com

Market Review  ►A LOOK BACK – Last week the Financial Accounting Standards Board voted to give financial firms more flexibility in how they apply mark-to-market accounting rules which sparked a rally in the stock market (especially financial firms) and led to higher rates. This action improved many financial institution’s capital positions by 20% or more. [...]

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