Market Snapshot May 7, 2020
Let’s start this Terrific Thursday, 3,169 MILLION new people file for unemployment, bringing the total in excess 33.5 mm. Can anyone fathom that number? Imagine for a moment that…
Market Snapshot May 6, 2020
Wednesdays’ are the best, I guess the place to start this morning is that the ADP Payroll number came out and was horrendous. It was the worst in the…
Market Snapshot May 5, 2020
Good Tuesday AM, Cinco De Mayo looks a little different this year. I imagine lots of zoom parties and no Corona. The 10-yr is leaking a little higher…
Market Snapshot May 4, 2020
Good Monday AM, Bonds prices are down pushing rates up a bit. The 10-yr is at .63 and mortgage bonds off about 10bps. Typically stocks and bonds trade inversely,…
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