europe meltdown: Jobs, Jobs and MORE Jobs - Charts Affecting the Economy
- 10/10/11 08:01 AM
News of the week was dominated with Jobs. First it was Steve Jobs, one of the great american visionaries. More here. I worked for Apple at the Cupertino headquarters during the sad period when Jobs had just been "fired" around 1990 (worst corporate executive move in history, thank you John Sculley.) I have always admired the insight and zeal Jobs brought to the worlds of technology and marketing. Here is one of the better flashbacks I saw in a week of tremendous outpouring of love for this man. It is his analogy of why "the computer is like a bicycle for … (1 comments)
europe meltdown: "Significant" is more significant than you would think!
- 09/26/11 05:44 AM
The Fed’s FOMC meeting announcement on Wednesday started a small landslide in the global equity markets. The impact on bond markets and interest rates were significant and have painted a new picture for expectations in interest rates. The 10-yr Treasury is the most important indicator in the commercial loan world. Thursday the 10-yr dipped down to 1.72%, its all-time lowest closing yield. All-time. Other commercial loan index values dropped as well. Home mortgages followed the down trend, sending APRs below 4%. Both the 10-yr T and the home mortgage markets rebounded slightly on Friday, but the bullish trend in interest rates … (0 comments)
europe meltdown: Mortgage Rates Feeling Good, While Europe Bouts the Flu
- 05/10/10 06:26 AM
Wow, I wouldn't want to have been a trader on the floor of the exchange Thursday, with an unprecedented sell off and recovery in a matter of minutes. Complete with rumors of someone erroneously entering an order with "billion" instead of "million" listed (rumor seems to have been squashed but it made for some intrigue.) Bonds went through a similar cycle both on Thursday and on Friday, with one major difference. Markets move incredibly fast. See the Mortgage-Backed Securities (MBS) chart further down in this email. You can see the extremes of the 150 basis point ($1.50 per $100. in bond … (0 comments)
News of the week was dominated with Jobs. First it was Steve Jobs, one of the great american visionaries. More here. I worked for Apple at the Cupertino headquarters during the sad period when Jobs had just been "fired" around 1990 (worst corporate executive move in history, thank you John Sculley.) I have always admired the insight and zeal Jobs brought to the worlds of technology and marketing. Here is one of the better flashbacks I saw in a week of tremendous outpouring of love for this man. It is his analogy of why "the computer is like a bicycle for … (1 comments)
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