Life, Lessons, Encouragement and a little market insight to boot

Well as we draw nearer to the long holiday weekend for Thanksgiving I am now being swayed from my previous position of NO RATE HIKE in December!Based on today's data release, this seems to be exactly what may be needed to push Yellen over the hump to make the decision to increase and do the unpre...

Should be an interesting week this week. Combined with the shortness of the Thanksgiving holiday (which usually does not bode well for the market) we also have the GDP and Personal Spending numbers coming out.I don't expect to see a lot of volatility from the number release but can EASILY see a 5...

So sorry for a late post today. Extremely busy with end of month joy and honestly no data to report.Today had no economic impact news so the markets have been pretty silent. The FNMA 3.0 did see a very slight uptick of 3bps and then appx 1p took an abrupt turn (not uncommon for a Friday before a ...

Yeah there are some things that are too funny to pass up on and others that have a counter side that never gets spoken of.When at the pump the other day I saw this and was like DAMN gas prices have fallen and that's a good thing for all of us buying gas to fuel our cars and trucks.Then it hit me ...

Today has brought about a slight improvement to the market as I have been calling for all week. The FNMA 3.0 is now up nearly 30bps from previous and is primarily based on the fact that the labor markets "show signs of improvement" which is a joke, as the modest gains of improvement are merely fr...

First I laughed when I saw our AR good friend John McCormack in a comment and he nearly had all 2's in his total but I missed nabbing the pic before it changed. Then I look at mine and see another daily double.I know stupid and a complete waste of everyones time but its an easy 25 points for a mi...

As par for the course today brought in a mixed bag of news. On the positive side the Mortgage applications are up (now lets see if they can close in under 40 days from all this foolish TRID mess that causes NOTHING but unnecessary delays) but the Housing Starts are way below expectations down 11%...

This is actually a tougher post to write than I anticipated.Partly due to the most egregious laws ever put in place for lending that is causing the entire industry many senseless delays and much unnecessary heartburn right now. To basically take several independent agencies and make them all the ...

Good morning everyone from SNOWY Denver CO.I am glad that the snow has finally decided to stop and blue skies start to reappear as this am's commute was a little dicey getting nearly a foot of snow in some places.Anyway, to the point at hand, A slight rise in the CPI (Consumer Price Index),  most...

Should be an interesting week with a lot of data coming out but my advice is to not panic and see what the story tells as it all unfolds.As of now there is a majority of believers in a December Fed rate hike, so that is already priced into the market. If it actually happens it will be small and w...