News

An economist’s left leg is on fire, and his right leg is frozen. He says, ‘On average I'm perfectly fine.’” For those out ...
The ISM Services Index is/was easily this week's biggest ticket in terms of scheduled economic data. It was mostly OK for ...
Calmly Closing at Best Levels Since April As far as post-NFP Mondays go, this was a calm one.  Bonds never strayed too far ...
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The ...
The new week is less interesting than the previous week in terms of scheduled events with the only top tier data being ...
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has ...
Bond Traders Quickly Revise Their Bullishness "Revision" is the word of the day as every armchair economist struggles to ...
Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other ...
Mortgage application activity fell last week, reversing prior momentum and highlighting continued softness in both purchase ...
Both the FHFA and Case‑Shiller released the latest update on home price appreciation this week. Actually, in the current case ...
Non-farm payrolls came in at 73k vs 110k, which is a pretty good thing for the bond market in and of itself.  But the bigger ...
Federal records revealed by a Freedom of Information Act request have found that the government of Singapore owns ...