Market Snapshot 8.3.22- Bonds Are In A Correction Mode
Good Morning on this Wednesday (best day of the week), Geeking out a bit here. Bonds are in a correction mode. Both the ten-year and the MBS hit major levels…
Market Snapshot 8.2.22- Bonds Are Taking A Hit
Good Tuesday AM, Tech stocks (and Crypto) doing ok today, other equities and bonds are taking a hit. The 10-yr is backing up to 2.71% from 2.58 yesterday. Not really…
Market Snapshot 8.1.22- Fed Is Committed To Transparency
Good Monday AM, A quick recap from last week as I was absent. According to the Fed, rates are now "right in the range" of "neutral" (i.e. an interest rate…
Market Snapshot 7.26.22- Consumer Confidence Is Dropping
Good Tuesday AM, Bonds opened up strongish today on some weak earnings reports and guidance from Walmart, etc.. Consumer confidence is dropping. That is typically the best forward looking metric…
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