Jocko Monday 3
There is one instinct to be wary of - one that you must fight. This one is a liar. This one is a saboteur - a backbiter. And [...]
There is one instinct to be wary of - one that you must fight. This one is a liar. This one is a saboteur - a backbiter. And [...]
Monday - January 30, 2023 UMBS down 28 bps early. US equity futures fell on Monday along with stocks in Europe as a note of caution crept in at the start of a [...]
UMBS down 30 bps on the day. Non-Farm Payrolls crushed the market today NFP = 517k vs 185k f'cast [260k prev] unemployment = 3.4 vs 3.6 f'cast [3.5 prev] earnings = 0.3 vs [...]
MBS up 6 bps. 10yT down 5. Both the Bank of England (BOE) and European Central Bank (ECB) released policy announcements early this morning. Both were as-expected in terms of rate hikes. The [...]
Now if the first sentence is so important, what can you do to make it so compelling to read, so simple, and so interesting that your readers-every one of them-will read it in its [...]
Wednesday - February 1, 2023 MBS up 9 bps on the open. 10y down 7 bps. Bonds were almost perfectly flat in Asia, then slightly stronger in Europe. Notably, EU bonds pulled back [...]
Tuesday - January 31, 2023 UMBS up 9 on the day, so far. Down about .25 from high of the day The Employment Cost Index (ECI) is an economic report that was never [...]
Start with a rough draft. In that first draft the goal is to put something-anything on paper, the emotional outpouring of everything you are trying to convey about your product or service. Don't worry [...]