ARCHIVED BLOG POSTS
2011
0
Comments
This morning both the latest release of the Initial Jobless Claims report and the preliminary 1st quarter GDP report reflect a weakening recovery, causing a rally in treasuries as investors look for safer assets. The number for first-time filers for unemployment benefits increased by 25,000 to 4...
04/28/2011
1
Comments
Treasuries are down from yesterday's monthly high ahead of today's FOMC rate announcement; the latest policy statement due at 12:30 pm EST. Economic data has been inconsequential; Durable goods orders for March increased by 2.5%, which exceeds the 1.8% increase that had been widely anticipated. ...
04/27/2011
0
Comments
Treasuries are relatively flat and stocks gain as earnings come in better than expected for Goldman Sachs and Johnson & Johnson, as well as improving housing data. The Commerce Department said homebuilders broke ground on 7.2% more homes in March than in February. Housing starts rose to an annua...
04/19/2011
2
Comments
Have you been looking for a condo, and wanted to put little down, go FHA, and find out the complex was not FHA approved? We are here in San Mateo, CA, and if you go up on the FHA approved condo list online, you only see a handful. Well there is a way around it. You have to put the effort out a...
04/18/2011
0
Comments
Treasuries are relatively flat this morning as the debt crisis in the European periphery continues to deteriorate, and as the S&P downgrades the US debt outlook to negative. Standard and Poor's expressed concern that U.S. policymakers haven't addressed critical fiscal issues, and our top triple-...
04/18/2011
1
Comments
Treasuries gain this morning after the new report of jobless claims surged more than expected. The first time claims unexpectedly rose by 27,000 to 412,000 for the week ending April 9. Also helping the fixed markets was a tepid Producer Price Index that ticked 0.7% higher last month, but well b...
04/14/2011
