| May 9, 2011 9:16AM The monthly Employment Situation Report was expected to be the market's main focus last week, instead plunging commodities prices stole the show and put the sensitive state of the domestic economic recovery back in the spotlight. The NYMEX light crude oil contract last week fell from a high of $114.83 all the way down to $94.63 amidst growing concerns that rising food and energy prices would slow the overall economic recovery and force the Fed to leave overnight interest rates near zero for longer... May 6, 2011 10:55AM Freddie Mac reported on Thursday that homeowners continue to hit barriers when looking to refinance their home, although it's not clear whether this is due to caution or because they have little equity left in their homes to do otherwise, or simply because they cannot qualify. We'd point toward all of the above as the main hindrances. During the first quarter of 2011, only 25 percent of those who refinanced existing mortgages pulled cash out of their home. Even more striking, 21 percent took our...
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