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Brexit anyone?
chinpinn weren’t we talking about this the other day? 🤔
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Falling Mortgage Rates Raise Hopes for Battered Housing MarketMortgage rates have fallen to around their lowest levels in eight months, offering a potential boost to the housing market after a rough patch in recent months. Current rates are around 4.3% When I was starting out in life, mortgage interest rates were 10% Cry me a river. 😶 Housing market is not battered, its cyclical.
Source: WSJ - 🏆 98. / 63 Read more »
Jobless claims fall to one-month low of 216,000 as labor market stays strong entering 2019The number of Americans applying for unemployment benefits fell sharply in the first week of 2019 and returned close to a half-century low, reflecting a robust U.S. labor market whose strength is likely to keep the economy growing for the 10th straight year. Initial jobless claims declined by 17,000 to 216,000. You can't evaluate the job market by unemployment claims. When you have a GIG economy those folks aren't eligible to unemployment. Part timers can't collect either.
Source: MarketWatch - 🏆 3. / 97 Read more »
'Fallen angels' are posing the biggest threat to the bond market this yearThis could well be the year that 'fallen angels,' or former investment-grade debt that gets downgraded to speculative, shapes up as one of the more compelling stories. Fallen angels they would all be working for the Son as they would be thine angels Even earth needs angels as any punishment they think they are under does [pass] Surely time sentences is a sentence to end & change it out The punishment or the rebelling; everyone loves the Father
Source: CNBC - 🏆 12. / 72 Read more »