Listen Live
Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Listen Live
Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Federal Reserve Chair says the path ahead for inflation remains “highly uncertain.” Powell said inflation forecasts of private-sector forecasters or of Federal Open Market Committee participants broadly show a significant decline over the next year. However, forecasts have been predicting just such a decline for more than a year, while inflation has moved stubbornly sideways.
READ MORETaking it to the House: Weekly Mortgage Applications fell by -0.8%, led by a steep decline of -12.9% in Refinance Applications, Purchase Applications were actually up 3.8%. The October Pending Home Sales Index was better (less worse) than expected -4.6% vs. est. of -5.2% Jobs, Jobs, Jobs: November ADP Employment Change was much weaker than
READ MOREHome prices declined by 30% during the Great Recession of 2008-2009. The housing market is on much solid foundation this round. Given so much news media coverage about the potential for home price pullback, it is worth visiting the fundamentals related to the current cycle versus the last. – 20 more jobs today and no
READ MOREThree Things: These are the three areas that have the greatest ability to impact your backend pricing this week. 1) Inflation Nation, 2) Jobs, Jobs, Jobs and 3) The Talking Fed. 1) Inflation Nation: We will get the Fed’s preferred key measure of inflation (Core PCE) on Thursday. Expectations are that it will continue to
READ MOREEnergy costs typically go up in the winter because people are using more electricity. Aside from a basic maintenance check on your heating system, here are some easy ways to cut down on this expense. Keep the Heat In Weatherstrip your doors and windows, and eliminate drafts by caulking cracks and gaps. This will save
READ MOREMortgage application volume increased for the second consecutive week as interest rates continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, was 2.2 percent higher during the week ending November 18 than the prior week on a seasonally adjusted basis and up 10 percent before adjustment.
READ MOREThis year was one of the worst for bonds in history. While short-dated U.S. Treasury losses were limited to less than 10%, the 23% drop in annual returns of the 10-year note through last month was – according to Bank of America – the worst since the turbulent infancy of 1788; you must go back
READ MOREAll three of the major U.S. averages rose on Wednesday after the minutes of the Federal Reserve’s October meeting showed policymakers foresee a slowing of future rate hikes. Consumer discretionary names led the gains while energy lagged after oil fell 3.7% to $77.94 per barrel.
READ MORERosie the Riveter: The November Richmond Fed Manufacturing Index showed contraction at -9 vs. est. of -1 The Talking Fed: Today we hear from Loretta Mester., Esther George and James Bullard. Treasury Dump: We get the last auction of the week with today’s 1:00 7 year note auction. Interest rates fractionally better this morning in
READ MOREMBS OVERVIEW Three Things: These are the three areas that have the greatest ability to impact your backend pricing this week: 1) Central Bank Palooza, 2) The Talking Fed and 3) Domestic Flavor 1) Central Bank Palooza: We will get key interest rate decisions from China and New Zealand. NZ is expected to raise their
READ MORE
