The repeal of the Affordable Care Act (Obamacare) stirred up the markets this week sending stocks into a decline for the first time in over 100 days. The uncertainty around what is going to happen legislatively is making those in the market take pause as if there’s one thing the market doesn’t like–its unknowns. We have important economic indicators that will be released this week including: Consumer Confidence, Pending Home Sales and Jobless Claims. Their performance and what’s happening on Capitol Hill are likely to drive the market’s outcomes over the coming weeks. Buckle-up Buttercup!
Geoffrey Davis – Mortgage Loan Consultant
First United Bank & Trust
6401 S. Custer Rd.
McKinney, TX 75070