High Yield Investments

Although many investors wanted to see a decline in interest rates, the Fed voted yesterday to keep them at the current level.  This marks another vote to keep them at a steady pace, showing that the economy is maintaining itself, keeping inflation in check.  Some investors were hoping for a decline, to help steady out the weak mortgage area of the economy.  The extremely risky sub-prime mortgage area has been under a lot of fire lately, with companies going bankrupt after having to deal with to many foreclosures.  But despite the rocky mortgage area, the markets are responding appropriately, with rises both yesterday and today.  Look for the markets to continue to slowly move back up, regaining much of what was lost two weeks ago.