Lock Watch for the Week of 1/7/2019
Shutdown persists and my guess is that equity market volatility will too. Bond auctions mid-week and Jerome Powell speaks on Thursday.
Economicalendar (all times are Pacific):
Mon, 1/7: Factory Orders and ISM Non-Mfg Index (7am).
Tues, 1/8: International Trade (5:30am) and JOLTS (7am). 3-Yr Note Auction (10am).
Weds, 1/9: 10-Yr Note Auction (10am).
Thurs, 1/10: 30-Yr Bond Auction (10am).
Fri, 1/11: CPI (5:30am).
10-Year Treasury History
2.66% Market Open
2.72% One Week Ago
2.85% One Month Ago
2.55% One Year Ago
The Noble Eightfold Path of Buddhism
See things as they truly are without delusions or distortions, for all things change. Develop wisdom by knowing how things work, knowing oneself and others.
Decide to set a life on the correct path. Wholehearted resolution and dedication to overcoming the dislocation of self-centered craving through the development of loving kindness, empathy and compassion.
Abstinence from lies and deceptions, backbiting, idle babble and abusive speech. Cultivate honesty and truthfulness; practice speech that is kind and benevolent. Let your words reflect your desire to help, not harm others.
Practice self-less conduct that reflects the highest statement of the life you want to live. Express conduct that is peaceful, honest and pure showing compassion for all beings.
Earn a living that does not harm living things. Avoidance of work that causes suffering to others or that makes a decent, virtuous life impossible. Do not engage in any occupation that opposes or distracts one from the path. Love and serve our world through your work.
Seek to make the balance between the exertion of following the spiritual path and a moderate life that is not over-zealous. Work to develop more wholesome mind states, while gently striving to go deeper and live more fully.
Become intensely aware of all the states in body, feeling, and mind. Through constant vigilance in thought, speech and action seek to rid the mind of self-centered thoughts that separate and replace them with those that bind all beings together. Be aware of your thoughts, emotions, body and world as they exist in the present moment. Your thoughts create your reality.
Deep meditation to lead to a higher state of consciousness (enlightenment). Through the application of meditation and mental discipline seek to extinguish the last flame of grasping consciousness and develop an emptiness that has room to embrace and love all things.
Om mani padme hum,
Robert J. Spinosa
Vice President of Mortgage Lending
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