Phil Grossfield's Blog


$1 Billion!, Condo Limited Review, Bernanke, All the Roads…

My Schedule…and a little extra:   InterBank funded over $1,000,000,000 in February (and January too). That’s a big number!  I know I’m new to this company, but I want a piece of that action…get your loans and locks in!   |   My daughter and I were playing a game where I would sing a lyric from one of the songs she digs and she would have to guess the name of the song and the artist.  I call it “Mystery Lyric.”  Let’s give it a try:   Mystery Lyric:   And all the roads we have to walk are winding — And all the lights that lead us there are blinding — There are many things that I would like to say to you but I don’t know how  AnswerIn economic news:  Yesterday there was a price worsening because some economic reports were strong and Chairman Ben Bernanke’s made comments that the economy was growing with positive developments in the labor market. Traders interpreted this news to mean the economy is stronger and therefore invested in stocks rather tan bonds. When that happens, rates get worse.   My Schedule:  Behind the computer all day.

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