Listen Live:
Saturday’s: 9AM
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Listen Live:
Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 6:30AM
K-EARTH 101 FM
Inflation Nation: The August Headline PCE increased by 0.4% on a MOM basis which is DOUBLE the increase in July but it was lower than market expectations of 0.5%. YOY, it was up 3.5% which matched expectations. Core PCE (ex food and energy) increased by 0.1% which was less than market expectations of 0.2%. YOY, it
READ MOREWRAP UPUMBS 6.0: 98.70 (+30bps)10yr yield: 4.58 Bonds had a strong recovery today on some dovish Fed member comments and weak consumer spending data, mainly a correction from being over sold. This is not a reversal, and if you saw reprices better today you should take them, it’s not likely gains continue much tomorrow. After
READ MOREThe Federal Reserve didn’t raise interest rates recently but is thinking about doing it in December, possibly with fewer rate cuts next year. Interest rates, including mortgages, are going up, and this might continue for a while. It’s important to have a financial plan to adapt to these changes. US debt is a concern,
READ MORERates will continue to test the high water mark, and reprice risk today is low. The outlook is that rates will hold near the highs or even creep higher, with zero chance that we see a significant drop in rates anytime soon (“significant”, to me, means .25% or more). Treasury yields continue to climb, and
READ MORERate sheets this morning likely to be similar or slightly better than yesterday, and reprice risk on the day is moderate. Bonds showing some signs of recovery this morning, but nothing to get too excited about. Rates have quickly moved up to match this years highest levels already after the Fed meeting, but I think
READ MOREThe real estate path is not without its obstacles, but that doesn’t mean you have to painstakingly crawl your way to wealth and success. With an efficient and perfect financial GPS, you can get to your destination in the quickest way possible and navigate through the challenges you may run into during the process.
READ MOREo rate our podcast “5-stars” on Apple Podcasts or Podchaser please scroll to the corresponding instructions below. All other platforms do not have ratings or reviews for podcasts on their apps. Apple Podcasts First, ensure that you are signed in by clicking the Account menu at the top of your screen and selecting your Apple ID. Next, click
READ MOREWRAP UPUMBS 6.0: 99.03 (-30bps)10yr yield: 4.50 The good news is that bonds didn’t get much worse than this mornings levels, the bad news is that they didn’t improve either (and are not likely too). I think it will get worse before it gets , so am still in a lock bias, although I do
READ MORERate sheets this morning likely to be similar to yesterday, ahead of what is likely to be a lively afternoon for bonds. Reprice risk on the day is high, although we’ll have to wait for the dust to settle before we get a clearer picture of where rates are headed from here. I believe the likelihood
READ MORERate sheets this morning likely to show pricing similar to yesterday’s open, and worse than the many reprices better that we saw yesterday. Reprice risk on the day is low, we could see some recovery in bonds that would help some lenders issue better pricing as the day goes one (like we saw yesterday) but
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