Mortgage C.A.F.E.- Credit And Finance Expert

Subprime: At least 45% of subprime loans originated in the previous two years (2006,2007) are projected to end up in default. (WSJ)

By the Decade: The Cost of Living index in the USA increased 24% in the decade of the 50s, 28% in the 60s, and 103% in the 70s, 64% in the 80s, 33% in the 90s.  For the first 8 years of the current decade the COLI nationwide increased 25%.

OIL: In the past month oil has dropped 22% to Friday's close of $115.20, and the S&P has gained almost 5% to last week's close of 1296 (BTN Research)