A Look into the Markets This week multiple inflation readings came in higher than expected and home loan rates ticked higher. Let’s walk through what happened and what to watch in the week ahead. “Do you have to let it Linger?” Linger by the Cranberries “More upside inflation surprises could make Fed Policy more aggressive.”…
A Look into the Markets After last week’s surprisingly strong Jobs Report, Fed Chair Jerome Powell spoke about the economy and direction of rates. Let’s walk through what happened and what to watch in the week ahead. “Cause I’m Back, Yes, I’m Back” – Back in Black by AC/DC. “The strong Jobs Report shows you…
A Look into the Markets Interest rates hover near the best levels since September, despite several good economic readings reported. Let’s discuss what happened and see what is coming next week. “Hey, alright now And don’t it feel good” – Walking on Sunshine by Katrina and the Waves Economy Grew to Finish 2022 Gross Domestic…
A Look into the Markets “When you believe in things That you don’t understand, Then you suffer,” Superstition by Stevie Wonder. Producer Prices Are Falling The Producer Price Index, which is an inflation reading on what producers/wholesalers pay for goods and services, showed a larger than expected decline. It was also the lowest reading since…
A Look into the Markets Home loan rates held steady near the best levels in months after another decline in inflation. Let’s look at what happened this week and brace for what is coming in the week ahead. “Pump it up, Until you Can Feel it, Pump it Up, When you Don’t Really need it”…
A Look into the Markets The first few trading days of 2023 saw an improvement in rates but the party was derailed by some good news. Let’s look at what happened this past week and brace for what is coming in the week ahead. “You see I, I raise a toast to all of us…