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…
A Look into the Markets This week, the Federal Reserve raised the Fed Funds Rate by .50%, the smallest hike in over 6 months, and in response, home loan rates improved. Let’s discuss the seemingly odd market reaction and what to watch in the week ahead. “Slow ride, take it Easy” – Slow Ride by…
A Look into the Markets This week home loan rates improved modestly as we approach an important Fed Meeting and inflation reading next week. Let’s discuss what happened and talk about the headline risk on the horizon. “I’m just waiting on a Friend” – Waiting on a Friend by The Rolling Stones. More Signs Of…
A Look into the Markets This week, Fed Chair Jerome Powell spoke, and interest rates touched the lowest level in almost 3 months. Let’s discuss what happened and look into the week ahead. “Help me get my feet back on the ground, Won’t you please, please help me” – Help by The Beatles “Time To…
I hope you enjoyed your Thanksgiving and were surrounded by friends and family. Here’s a little history about the Thanksgiving Holiday: Sarah Joseph Hale campaigned for a national Thanksgiving in the United States during the 19th century, eventually winning President Abraham Lincoln’s support in 1863. He and subsequent presidents proclaimed a National Day of Thanksgiving…
A Look into the Markets This week, interest rates touched the lowest levels in two months on the idea that inflation may have peaked. Let’s break down what happened and look into Thanksgiving Week. “Well I’m going down. Down, down, down, down, down” Going Down by Jeff Back 10-yr Note Touches 3.67% The 10-yr Note…