Monday - October 25, 2024 UMBS starting the holiday week up 41 bps this morning. Which is much needed. Stock futures are up 29 points. Of all of Trump's political appointees, Treasury Secretary [...]
Wednesday - November 20, 2024 UMBS are down 12 bps in the 2nd hour of trading, after opening down 15 bps. Stock futures are up 12.75 points. Which is odd because you would [...]
Friday - November 15, 2024 UMBS down 19 bps in active early trading. Stocks down 30.5 points. Double loser morning. Retail Sales = 0.4 vs 0.3 f'cast last month revised to 0.8 from [...]
Wednesday - November 13, 2024 UMBS are UP 35 bps - for once - on the open. About time. S&P futures ae up 10.5 points Bonds are responding favorably to the just-released CPI [...]
Oh what a day. UMBS opened up 31 bps on the day. S&P futures are up 12 points Bonds were remarkably calm overnight, given the volatility that's dominated the average overnight session recently. [...]
Wednesday - November 6, 2024 UMBS getting SMOKED in the morning. UMBS down 60 bps early. Stocks up 124.75 Donald Trump’s victory in the US presidential election unleashed a shockwave in global markets [...]
Monday - October 4, 2024 UMBS opened up 38 bps. Nice! S&P futures are up 7.5 points. The upcoming week won't have a lot of important economic data, but we have the election [...]