Three weaker than expected housing reports hit the wire this morning. Nothing earth shattering but the markets are highly focused on a continued housing recovery. All in all, housing is…
jeremyMarch 25, 2014
Looking For Cracks
The 10 Year Treasury Note seems to have settled down onto a floor of support at 5.29%. The good news…
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Rates jumped a bit after the Fed's monetary policy statement was released yesterday. In the statement, Ms. Yellen indicated that the Fed will start hiking interest rates in April-May of…
jeremyMarch 20, 2014
Foreclosure filings dropped by 10% in February, according to RealtyTrac, and are down 27% from this time last year. Retail Sales rose 0.3%, marginally (as slim as you can get)…
jeremyMarch 13, 2014
No domestic news out today, so we look abroad. More reports that China's exports are slowing down are capping stock prices and sending money over to bonds. This keeps interest…
jeremyMarch 12, 2014
The cost of gasoline is down $0.20 from a month ago. On seemingly unrelated news, Job Openings rose 1.5% during the same period. This brings up two points: 1) Domino's should…
jeremyMarch 11, 2014
Weak export numbers out of China are all we have to go off of today, pushing stocks a little lower and bonds a little higher. On the flipside, US exports…
jeremyMarch 10, 2014
The Bureau of Labor released their Jobs Report showing that 175,000 new jobs were created last month. This is considerably higher than most analysts expected. The data also showed that average…
jeremyMarch 7, 2014
CoreLogic reports this morning that due to rising home prices, another 4 million American homes are no longer under water compared to this time last year. Weekly Jobless claims fall…
jeremyMarch 6, 2014
After a bit of a sell off yesterday afternoon, Bonds are bouncing back this morning on weak economic data. The ISM Service Index moves down to a four year low…
jeremyMarch 5, 2014
Russian President Vladimir (who wrestles wild animals topless) is set to invade Ukraine "to protect its interests and citizens". Stocks don't like turmoil and are currently down just over 1%…
jeremyMarch 3, 2014
Federal Reserve Chair Janet Yellen is on Capitol Hill today setting before our congress the FOMC's current monetary policy. She says that there has been quite a bit of "soft" data reported lately, meriting…
jeremyFebruary 27, 2014