tooele real estate market: Daily Bond report - 07/11/08 02:30 PM
Friday, July 11, 2008
And so it goes again. The bond started off on a very good note today up almost 60Bp toucing the 100 & 200 day moving average. All signs pointed to yes today and then... Treasury Secretary Henry Paulson came out this morning with a short and … (0 comments)
tooele real estate market: Weekly Trends in the Real Estate Market - 07/08/08 02:18 PM
JOB MARKET
Weekly Jobless claims Jumped 16,000 from the previous week, along with beating estimates by 24,000. Unemployment nationally stayed the same, but with the number of layoffs announced this week it is expected to take a small rise in July. A sure sign that oil is hurting the auto … (0 comments)
tooele real estate market: The Daily Bond Report - 05/29/08 12:08 PM
Thursday, May 29, 2008
Bonds are getting hammered today with the FNMA 5.5% 30 yr down 85 Bp for the day. The big winner today are stocks which meandered this morning for a while between positive and negative territory then shot up over 119 in the last 45 minutes. Moving the market … (0 comments)
tooele real estate market: The daily Bond Report for the Salt Lake and Tooele Markets - 05/28/08 12:00 PM
Wednesday, May 28, 2008
Durable Goods came in down .5% which was slightly less than the .7% drop than anticipated. What has killed the bond today is that if you exclude transportation, it came in up a whopping 2.5%. This may be a signal that businesses feel that it is time … (0 comments)
tooele real estate market: Daily Bond Report for Tooele and Salt Lake Real Estate Markets - 05/12/08 12:57 PM
Monday, May 12, 2008
Bond Insurer MBIA posted a $2.41 Billion loss in the first quarter. Indymac also came out posting a loss this quarter, then going further by stating that it more than likely show a profit this year. There isn't much economic news out today, but he week is … (0 comments)
tooele real estate market: The Daiuly Bond Report for Tooele and Salt Lake City Real Estate - 05/09/08 02:48 PM
Friday May 9th, 2008
If speed racer were real I think he may have to start looking at alternative fuel for the Mach 5. Oil topped $ 126 a Bbl today, once again reaching an all time high. Don't even get me started on the price of Platinum. Mix into this … (0 comments)
tooele real estate market: The Daily Bond report for Tooele and Salt Lake real estate markets - 05/06/08 01:05 PM
Tuesday, May 06, 2008 Without much economic news out, investors will be looking to earnings and oil to setting the tone for the week. And what a tone set today. Fannie Mae posted a mild $2.3 BILLON loss for the first quarter.... Not the year, just the first quarter. Sighting the weak … (0 comments)
With all the recent layoffs announced and jobless claims coming in either at or above what was expected, unemployment actually dropped last month. It wasn't big, only a .2% drop, but we are in the market where not so bad news is good news. The biggest hit to the … (0 comments)
tooele real estate market: Daily Bond Report for Tooele and Salt Lake Utah Real Estate Markets - 05/02/08 01:00 PM
Friday, May 02, 2008 What a day for a daydream.... That is what this morning seemed like. After unemployment came out LOWER than expected, the bond tanked over 100 points. Then payrolls and factory orders improved more than expected and it looked like the bond would have a freefall down today as … (0 comments)
tooele real estate market: Weekly Market Trends for Tooele and Salt Lake Utah - 04/28/08 10:40 AM
THE JOB MARKET Initial jobless claims dropped by 33,000 last week. Quite unexpected by analysts to say the least. The market reacted like it was the best news in weeks.... Which it was. With the four week average remaining at a high 369,500, and numbers dropping only as benefits end for the … (0 comments)
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