Circor International: Strong Insider Buying Trend Could Bode Well for Shareholders

In Bernanke’s recent testimony he stated that the Federal Reserve will keeps it pedal to the metal, with continued monthly purchases of agency mortgage-backed securities. The Fed went on to say that interest rates will stay low until 2015, as the governors see no reason to raise rates with unemployment still so high. As the central bank keeps mortgage rates low, the housing market is expected to benefit the most, and at this time is the anchor of the economy. When the U.S. economy first came out of the housing crisis, manufacturing took the spotlight and served as the strong part of the economy. Now the focus is on housing with manufacturing a bit more subdued. This was reinforced last week when Caterpillar (NYSE: CAT) announced slowing machine orders, and Lennar (NYSE: LEN) reported a phenomenally strong quarter.....

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