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Merrill Offering Rate Discounts to Win Mortgages
Merrill Lynch got stung so badly by holding sub-prime mortgages that they almost went out of business. This time around though, they are eyeing the cream of the…
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MarketReview author profile
Economics Contributor
ActiveJohn Miller writes about economics as it is experienced—not only in data releases and policy announcements, but in borrowing costs, investment decisions, business conditions and household budgets.
His coverage follows the chain from cause to consequence. A change in interest rates can alter credit conditions; inflation can reshape purchasing power and expectations; employment and government policy can influence both market sentiment and everyday financial choices. John explains those connections without treating economics as a set of isolated textbook ideas.
At MarketReview, he contributes to articles that need more than a description of what happened. His role is to clarify why a trend may be developing, which incentives and constraints are driving it and how the effects can differ for investors, institutions and households. The result is economic analysis grounded in practical financial consequences.
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News, analysis and evergreen financial guides credited to this author.
Merrill Lynch got stung so badly by holding sub-prime mortgages that they almost went out of business. This time around though, they are eyeing the cream of the…
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President Trump may have helped stock markets overall, and he has been a fairly market friendly president, but his influence here is nowhere near close to what he…
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It’s no secret that we are borrowing more and more each year, although the data does tell us that this is increasing faster than our incomes. This is…
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