Market Snapshot 05.23.2022- The Return Of Fibonacci
Good Monday AM, The ten year is stuck at the 22.6 Fibonacci (I do love using Fibonacci wherever I can. He was a 12th century mathematician who developed a series…
Market Snapshot 05.20.2022- Bond Rally Still Has Legs
Good Friday AM, The bond rally still has legs. I see continued downward momentum on the ten-year bond which broke under 1.80% this am. Mortgage Bonds are still stuck at…
Market Snapshot 5.19.22 – Bond Rally Continues
Good Thursday AM, The mini bond rally is continuing on the back of equities caving in. It is pretty bad in the world of stocks these days and with the…
Market Snapshot 5.18.22- The Fed & Inflation
Good Wednesday AM, the best day of the week, So where do we begin? I guess with yesterday’s Fed Chairman Powell’s Q&A at the WSJ Future of Everything symposium. Mr.…
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