Yesterday’s monster rally was not expected by most people, me included, and it left me a little disoriented. For weeks…
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This is Where Dragons Lurk
Bad things happen in bad markets. You’re probably thinking, “thanks captain obvious.” I know, but it’s worth spending a minute…
Continue ReadingLawler: Mortgage/Treasury Spreads, Part I
Today, in the Calculated Risk Real Estate Newsletter: Lawler: Mortgage/Treasury Spreads, Part I A brief excerpt: From housing economist Tom…
Continue ReadingMBA: “Mortgage Delinquencies Decrease in the First Quarter of 2022”
From the MBA: Mortgage Delinquencies Decrease in the First Quarter of 2022 The delinquency rate for mortgage loans on one-to-four-unit…
Continue ReadingApril Employment Preview
On Friday at 8:30 AM ET, the BLS will release the employment report for April. The consensus is for 400,000…
Continue ReadingWeekly Initial Unemployment Claims Increase to 200,000
The DOL reported: In the week ending April 30, the advance figure for seasonally adjusted initial claims was 200,000, an…
Continue ReadingEnergy Stocks Break Out To Start The Rally
It has been the oddest of circumstances. The pressure on the oil supply has been immense, but the oil stocks…
Continue ReadingWhy the Nasdaq 100 (QQQ) Is a Great Trade Example for Thursday
The rate increase came in, as expected, at half a percent, showing that the Fed is going for the safest…
Continue ReadingUnderstand This and Avoid Losing Billions
With the market being iffy at best, now’s a good time to take a step back. On this week’s edition…
Continue ReadingFOMC Statement: Raise Rates 50bp; Runoff Starts June 1st
Fed Chair Powell press conference video here starting at 2:30 PM ET. FOMC Statement: Although overall economic activity edged down…
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