Why should Loan Officers Care about the Bond Market?
Loan officers, listen up! I know you're busy trying to approve loans left and right, but have you ever stopped to think about the bond market? I mean, really think about it? No? Well, maybe [...]
Loan officers, listen up! I know you're busy trying to approve loans left and right, but have you ever stopped to think about the bond market? I mean, really think about it? No? Well, maybe [...]
MBS down 3 bps so far. Stocks down 9 pts Wonders never cease, and there is a first time for everything. Today's example of those claims is as follows: we are going to [...]
Reading Notes for: It wasn’t in a war. It wasn’t in a battle. It isn’t in a melee of fire and destruction that most of us succumb to weakness. We are [...]
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 [...]
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 [...]
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 [...]
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. [...]
MBS are up 5 bps on the morning. Stocks up small. It was a fairly straightforward overnight session with bonds holding perfectly flat in Asia and then following EU yields steadily higher. EU [...]