Markets:Fed Funds rate lowered from 5.0% to 4.5%, but mortgage went from 6% to 7%. Why. Mortgage rates are tied closer 10 year bonds. And with market uncertainty, people buy bonds: Example: $100 bond pays 5%.Demand drives bond to $98; so implied rate is 7%.S&amp;P 500: ~33% is Mag 7RSP Equal weight. Some correction is healthy.  California FiresFirefighters continue attempts to gain control of almost 40,000 acres of ongoing wildfires, which have killed at least 27 people an...

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Breakaway from the haters and mainstream thought. Learn about Investing, Finance and the Economy in a plain english and entertaining way. Understand the business environment and make money investing. Uncertainty in the markets driven by crisis, anarchy, politics and craziness is simply opportunity. Facts and truth here.&nbsp;