What’s up in Mortgage Today – 8.4.23
The jobs report showed a mixed bag of results, with lower payroll growth and a downward revision to last month's numbers, but slightly higher wages and lower unemployment. Bonds initially gained on [...]
The jobs report showed a mixed bag of results, with lower payroll growth and a downward revision to last month's numbers, but slightly higher wages and lower unemployment. Bonds initially gained on [...]
Reading Notes For: Click to Buy The Book!!! Control the Message Instead, think about trying a different sequence by sharing a more complete story and leaving little to the listener's [...]
The MBS market opened flat today, which is unusual. Stocks were down about 11 points. The Reserve Bank of Australia raised interest rates by 25 basis points overnight. Job openings were 9.6 million [...]
Reading Notes For: Click to Buy The Book!!! Reticular Activating System (RAS) is the filter that says, “Yes, listen,” or “Forget it,” and it's guided by our previous experiences, ideas, [...]
MBS up 23 bps on the morning With ECI being a report that Powell increasingly mentions by name and PCE being the Fed's go-to big picture inflation index, there was at least something [...]
Reading Notes For: BUY THE BOOK! Pathos Pathos is the ability to reach someone else via a story, humor, or any appeal that moves that individual to connect emotionally. It's [...]
Key Takeaways People live out all of the potential downsides in the mere reflection of what other people will think about them in the future, should they fail Shame only exists in the shadows; identify when [...]
Reading Notes For: Do Not Underestimate Your Opponent You gain nothing from underestimating your opponent. Hubris is the only thing that upsets the people on the top of the mountain. There [...]