Skip to main content
Market Movement

Bonds are Recovering

On Friday, both Stock and Bond markets were heavily sold off after the Jobs Report created uncertainty for the future of interest rates.  One of them was bound to be a loser, and as it turns…
jeremy
March 10, 2015
Market Movement

This is Where the Sidewalk Ends.

The Labor Department reported that there were 295,000 new (non-agricultural) jobs created last month, 19% more than the number that the markets expected.  Additionally, the Unemployment Rate slid down to…
jeremy
March 6, 2015
Market Movement

The Velocity of Euro

The European Central Bank will start purchasing Bonds next week in the hopes of stimulating the EU economy.  Their ambitions are not necessarily lower rates (which are at 310 year…
jeremy
March 5, 2015
Market Movement

The American Household

The U.S. Census Bureau published 2014 fourth quarter residential vacancy and homeownership rates, with the national vacancy rate at 7 percent for rental housing and 1.9 percent for homeowner housing.…
jeremy
March 4, 2015
Market Movement

Fries With That

So my wife gave me this motivational calendar for Christmas and this image has now been on the back of the door in my office for 28 short days.  It…
jeremy
March 2, 2015
Market Movement

Luxury Home Sales

Pending Home Sales for January are up 1.7% which is great, but it's below the 2.4% expected.  As it happens, the luxury home market is seeing the largest growth across…
jeremy
February 27, 2015
Market Movement

Horse Wrestling

I sent this photo to some of my co-workers yesterday as a representation of what it feels like we do here at the office when interest rates drop and 100 loans need to…
jeremy
February 26, 2015
Market Movement

Home Boys

Existing Home Sales declined 5% to an annual rate of 4.82 million commissions checks being written.  I am not sure where in this country is experiencing slow sales right now;…
jeremy
February 23, 2015
Market Movement

The Elephant

The elephant in the room is when interest rates will start to rise.  Is our economy strong enough to handle it this quarter, this summer, even this fiscal year?  Yes,…
jeremy
February 20, 2015
Market Movement

Patience

Yesterday's FOMC minutes mentioned the word "patience" in the context of how students of the economy should await the eventual rising of interest rates by our hey-we-are-doing-the-best-we-can policy makers at the…
jeremy
February 19, 2015
Market Movement

Mystery Finance Theater

The S&P closed at another all-time high and although interest rates took a beating yesterday as a result, I won't bore you with another chart today.  Needless to say, the…
jeremy
February 18, 2015
Market Movement

A Discussion About Nothing

It's been quite a boring week in the world of economic data, and that has made for some interesting discussions.  Meaningless, but interesting all the same. It's like my favorite show…
jeremy
February 13, 2015
Market Movement

Bears Take a Breather

Looks to be a quiet day in a world usually fraught with anxiety-inspiring headlines and scandalous stories of those in positions of influence.  The beating bears are taking a breather, giving our mortgage bonds…
jeremy
February 11, 2015
Market Movement

The Prodigal Son

Not much out there today in the financial report arena.  Europe's oldest prodigal son, Greece, appears to be willing to stay in the EU family, and has all but been granted…
jeremy
February 10, 2015