Phil Grossfield's Blog

Mean Tweets  

One of the cool things about Twitter is that you can send a message to a celebrity…directly. What’s even more cool is that the celebrities actually read them. Will Ferrell, Matt LeBlanc, Zooey Deschanel…the list goes on…and they read their tweets at least some of them. And I don’t suppose it would surprise you to know that some of these tweets are ruthless…downright mean…and kind of funny too:   

Celebrities Read Mean Tweets – Part 1

Celebrities Read Mean Tweets – Part 2

Celebrities Read Mean Tweets – Part 3

Celebrities Read Mean Tweets – Part 4

My Market Watch: Bonds Down – Rates Worse…Again and Again and Again. The 30-year bond is down again after yesterday’s tragic descent…now another -50bps on the day. On my calculations we are down almost -700bps since May 1st. Holy crappers Batman. And it’s getting worse still…bonds are falling as I type.

I hope you locked before the Fed statement yesterday…I hope you took my advice.  If you read my posts the last couple days you should know by now that the Fed essentially reaffirmed the tapering of QE. This of course resulted in a bond sell-off and rates have gotten much much worse.

What can you do? Any recovery at this point is not going to get back 700bps, that’s for sure. We all need to re-adjust, re-focus, re-invent, and find a way to work in this new environment.  Getting knowledgeable about 7/1 Arms would be a great start. Having me do a presentation on getting new business is another good idea.  Let me know if you want to discuss….

My Schedule: Available all day…. I am setting up presentations on (1) How to Be Successful In The Future Market, (2) Where to Look For Additional Referral Sources, and (3) How To Distinguish Yourself From Other LOs.  Let me know if you’re interested in a presentation….