Mike Bjork's (mbjork) Blog

By
Mortgage and Lending - Evolve Bank & Trust - NMLS #275652

ARCHIVED BLOG POSTS

2010 

11/30/2010
11/29/2010
11/23/2010
Due to time constraints, this will be strictly a vlog here on out.
11/22/2010
No Economic News releases today, so we're relying on the Technicals. Which brings us to the topic of China and Europe. China mandated their banks to require a larger Reserve Ratio to slow down the outflow of money and ease Inflation, as it's economy has been on fire. Meanwhile, Bernanke shot bac...
11/19/2010
Some fairly positive Economic News Releases today, which we'll start with the Initial Jobless Claims. The Jobless Claims came in at 439k (up about 2k from previous week), but remained below the 440k+ level we've been starting to be accustomed to see every week. The Leading Economic Indicators (L...
11/18/2010
The Economic News release for today, lie mostly with the CPI and Core CPI. The CPI edged Up a little bit, but the MORE Important, Core CPI (more important because by excluding the volatility of food and energy, then you have a more accurate reading) remained at 0. This is primarily the Fed's con...
11/17/2010
      The Market continues it's touchy-feely stance, no rationale behind it's current positions (just emotions). The economic releases today, don't bode too well. The Producer Price Index (the Wholesalers) remained the same; but when you exclude the volatile food and energy, then it's a negative...
11/16/2010
The Market continues it's touchy-feely stance, no rationale behind it's current positions (just emotions). The economic releases today, don't bode too well. The Producer Price Index (the Wholesalers) remained the same; but when you exclude the volatile food and energy, then it's a negative. Indu...
11/16/2010
A few pieces of Economic News Releases today, which starts with the Retail Sales. Retail Sales showed a high increase (with Autos), but you really need to view it without the Autos, which came in at the estimates. You need to view the exclusion of Autos because of the volatility and higher price...
11/15/2010