From the Fed: FOMC Minutes, Minutes of the Federal Open Market Committee, September 21–22, 2021. Excerpt on asset purchases: A…
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The Ord Oracle October 12, 2021
SPX Monitoring Purposes: Sold 10/4/21 at 4300.46=near breakeven; Long SPX 9/30/21 at 4307.54. Monitoring Purposes GOLD: Long GDX on 10/9/20…
Continue Reading3rd Look at Local Housing Markets in September
Today, in the Newsletter: 3rd Look at Local Housing Markets in September This update adds data for Albuquerque, Atlanta, Colorado,…
Continue ReadingCleveland Fed: Median CPI and Trimmed-mean CPI both increased 0.5% in September
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of…
Continue ReadingCost of Living Adjustment increases 5.9% in 2022, Contribution Base increased to $147,000
With the release of the CPI report this morning, we now know the Cost of Living Adjustment (COLA), and the…
Continue ReadingBLS: CPI increased 0.4% in September, Core CPI increased 0.2%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in September on a seasonally…
Continue ReadingAnimal Spirits: The 24/7 Stock Market
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for…
Continue ReadingNobody Wants Cash Flow
Nobody wants cash flow when money costs nothing. This is playing out right now in consumer staples stocks, which, according…
Continue ReadingWednesday: CPI, FOMC Minutes
From Matthew Graham at Mortgage News Daily: MBS RECAP: Bonds Improve After Treasury Auction; Why MBS Are Lagging Bonds began…
Continue ReadingKey Sectors Hover Over Support While the Major Indices Flounder
On Monday, we talked about specific sectors weakening as they teetered on the edge of support from their major moving…
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