Week of August 14, 2023 in Review Despite ongoing challenges facing home builders, construction activity picked up last month. Plus, the minutes from the Fed’s July meeting provided some hints about what’s next for rate hikes. Here are the lat
Aug 24, 2023 |
Most recent news posted at the top of the page. All times are Eastern Standard time. Thursday August the 17th, 2023 Market Wrap: The Fed Minutes showed that the Fed Staff no longer thinks that a recession is coming soon. It does s
Aug 14, 2023 |
Thursday August 10th, 2023 Is the Rise in Initial Jobless Claims a New Trend? After staying below 230,000 for three straight weeks, Initial Jobless Claims rose by 21,000, as 248,000 people filed for unemployment benefits for the first time. Continu
Aug 14, 2023 |
Most recent news posted at the top. All times are Eastern Friday August 11, 2023 10:14 AM: Mortgage Bonds are -14bp at 98.47 (Price Down Yield Up) and 10 year treasury is up 3 to 4.1310% 8:36 AM : The Producer Price Index, which measures
Aug 11, 2023 |
Most recent information is posted at the top all times are Eastern Friday 8/04/2023 Jobs Report Yahoo Article 8/04/23 The US labor market continues to cool off. The US economy created 187,000 new jobs in July while the unemployment rate fell to 3.5%, the&
Aug 04, 2023 |
Friday7/28/2023 9:30 AM : Stocks have started the day higher. The Dow is +167.65 at 35,450.37 and the S&P 500 is +32.96 at 4,570.37. Mortgage Bonds are +27bp at 99.19. (When the price comes up yields come down 8:40 AM : Headline PCE inflation for Jun
Jul 31, 2023 |