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…
Market Snapshot 7.25.22- This Week Is Full Of Data
Good Monday AM, Great opening paragraph: Last Thursday and Friday the 10 yr. note declined 26 bps and MBS prices jumped 90 bps (4.5 coupon). The FOMC will release the…
Market Snapshot 07.22.22- What Happens Next?
Good Friday AM, Bonds are having a god day as focus continues to turn toward next weeks Fed meeting and f\thoughts of recession instead of inflation. The markets are expecting…