Your Life is NOT a Part-Time Gig
Reading Notes for: EVERY DAY This isn’t a part-time gig. This isn’t punch the clock and go home for the day. You don’t get weekends off. No. Here: There’s no such [...]
What’s up in Mortgage Today – 4.12.23
MBS are up 8 bps. Stocks up 18. 10y is Flat The importance of today's CPI report may have seemed overstated on the approach, but the market's reaction to the merely AS-EXPECTED core [...]
What’s up in Mortgage Today – 4.11.23
MBS down 9 bps. Stocks flat. With the global financial market finally out of holiday weekend mode, US bond trading hasn't found any new inspiration for better or worse. Trading was almost perfectly [...]
Fight weak emotions with the power of logic; fight the weakness of logic with the power of emotion.
Reading Notes for: Fight weak emotions with the power of logic; fight the weakness of logic with the power of emotion. And in the balance of those two, you will find [...]
What’s up in Mortgage Today – 4.10.23
MBS down 12 bps to start the week. Stocks down 30 points. Yields dropped modestly last night as Treasury trading got underway in Tokyo, but then held almost perfectly flat until hitting European [...]
What’s up in Mortgage Today : 4.7.23
Ouch. MBS down 37 bps this morning. It looks like it was wise for the bond market to play it safe by winding down the rally momentum yesterday because this jobs report doesn't [...]
What’s up in Mortgage Today : 4.6.23
MBS up 5 bps early ; Stocks pretty flat Bonds were sideways in Asia and then stronger in Europe. 10yr yields were at their lowest levels of the day (3.253) just after the [...]
31 Laws – Last 6
Reading Notes for: Peter Diamandis’ 32 Laws 26. Without a target you’ll miss it every time. If you don’t know where you are going, it’s very hard to get there. [...]