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at least for the moment. stocks bounced back in early trading today, after monday's 634-point plunge. right now, dow blue chips are up by 201 points. investors are psyched over today's fed meeting, and there's speculation it might announce a new stimulus. to boost the economy. president obama sits down with treasury secretary timothy geithner. that's happening this afternoon. they're going to size out the new market turmoil that is fearing -- that is fully feeding fear of double-dip recession. the president is promising to help a special congressional commission find a long-term fi...

points. that continues to fluctuate. coming up in a couple of minutes. i'll speak live with the man who ran the government's bank bailout a couple of years ago. by the way, he agrees with the downgrading of the u.s. credit rating. don't miss that conversation with him here. i do want to begin with this. the commander in chief of the u.s. armed forces is at dover air force base in delaware right now. president obama is attending the dignified transfer, right there, that's what the military calls the movement of war fatalities from the place they died back to american soil. those who...

Look at the gdp revisions, everyone was expecting this to come in over 2%, came in below that. the data for the most part has been weak in all three major indexes, down about 3% for the month. >> if it is weak economic data, what does that mean to mortgage rates? >> it has been good for mortgage rates. mortgage rates have been falling for seven consecutive weeks. you look at the rates now, 4.75%, that's the lowest mortgage rates have been in more than five months. a year ago, we were up 5.9%. the rates are nice and low. it is a good time to buy if you can make the numbers all work here. rates ...

Dollar didn't last very long. here in az qua, min asia, marke closed today. in australia, bonds getting a boost. central bank maintained 4.75%. most of today's market action centered on independent qua where interest rates have been raised by half a one percentage point in a bid to curve escalating inflation. there's a pretty big selloff, down 1.7%. there had been expectations it there would be a rate rise, but came in half at one percent which is bigger than expected and that prompted the selloff. india remaining one of the worst performing of all emerging markets. shanghai getting a bit of a...

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