Market Snapshot August 3, 2021
Good Tuesday AM, Bonds are hitting a pause after several days of gains. The 10-yr pushed back up a few basis points from yesterday’s low of 1.15 to sit at…
Market Snapshot July 30, 2021
Good Friday AM, The 10-yr at 1.23% and mortgage bonds up a dozen (both pointing to improving rates) as the Personal Consumption numbers were released this morning and prices came…
Market Snapshot July 27, 2021
Good Tuesday AM, Bonds are strong this morning with the 10-yr treasury back to 1.24% on mixed news, which leads one to believe that we have to look elsewhere for…
Market Snapshot June 30, 2021
Good Wednesday Afternoon, Bonds were strong this morning based on, ummmm NOTHING, but faded hard into the close. The ADP job report came in much stronger than expected and this…
Market Snapshot June 28, 2021
Good Monday AM, Bonds are strong this morning and for no good reason. We did test the bottom of the range this morning and it held up as it has…
Market Snapshot June 24, 2021
Good Thursday AM, Bonds are flat again this morning, just as we expected. We are likely in this pattern until tomorrow's inflation numbers hit. Let's hope that they come in…
Market Snapshot June 23, 2021
Good Morning on this best day of the week Wednesday, Bonds are flat. Too early to say that today’s sideways movement is the Summer doldrums, more likely that markets have…
Market Snapshot 10.4.22- Asset Classes Are Having A Good Day
Good Tuesday AM, Most asset classes are having a good day. Equities are up broadly 2.5%+, crypto the same, and bonds are gaining as well. Mortgage bonds are +37bos and…
Market Snapshot 10.03.22- Bonds Are Way Up Today
Good Monday AM, Bonds are way up today (as are equities) and the 10yr is down to 3.65%. Both construction spending and ISM manufacturing came out weak, very weak, but…
Market Snapshot 9.30.22- The Most Destructive Quarter
Good Friday Morning on this last day of September and Q3, This may have been (and I am pretty sure it has been as I researched it), the most destructive…
Market Snapshot 9.29.22- The Safe Answer Is To Lock
Good Thursday AM, I owe everyone a short recap today after getting carried away with a half dozen or so paragraphs yesterday. Fortunately, not much going on in the news…
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