Market Snapshot 8.4.22- Job Cuts Are Down
Good Thursday AM, The ten-year bounced from the top of the downward channel as we hoped it would. Unemployment claims are up from last week and job cuts are down.…
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…