For information on highlighted terms in the commentary, click here. The Fed statements yesterday continued the belief that the recovery is underway, but happening at a sluggish pace. Investors reacted by selling off stocks and seeking the safety of bonds. The Fed also indicated that they would continue their investments in the Treasury Market if [...]

For information on highlighted terms in the commentary, click here. In yesterday’s Market News, we stated that even if housing numbers came in above expectations, stocks would not rally. This morning, housing data showed a significant increase in housing starts, but mainly in multi-unit building, not single family homes. As anticipated, investors have not jumped [...]

For months, I have been talking about a Treasury Bubble. Investors reliance on bonds as a safe vehicle for their money and belief in their resilient nature, resembles the same the psychology present during the dot com and housing bubbles. There are strong dissenters to the theory of a bond bubble, however. Recently, the

There may be some increases in the sales data for new and existing homes “but no one is going to take them as a sign of new momentum,” said Scott Brown, chief economist at Raymond James & Associates Inc. Jobs continue to be the pivotal deficiency that keeps the economy from making significant leaps forward. [...]

For information on highlighted terms in the commentary, click here. With no economic data due out, stocks are regaining some of yesterday’s losses. A Treasury Auction was met with neutral response yesterday so we will be watching today’s auction closely. MBS prices are down as investors are turning back to stocks. At the moment, the [...]

For information on highlighted terms in the commentary, click here. Stocks are faring well after stronger then expected employment numbers. Data showed the economy added jobs, positively revised previous months’ numbers and indicated more people are encouraged to seek employment. Stocks have fallen from their highs this morning after a weak manufacturing data in the [...]

For information on highlighted terms in the commentary, click here. The volatility continues. After reassurance that the Fed would do what it takes to keep the economy in growth mode stocks soared on Friday. They came crashing back down yesterday after President Obama failed to convince investors that there was a strong plan moving forward. [...]

“We are being told that our central bank is going to do everything in its power, including taking extraordinary measures if necessary,” said

For information on highlighted terms in the commentary, click here. MBS took a bit of hit on Friday and stabilized yesterday. The big news of the day is in housing data . Still feeling the effects of “stimulus withdrawal” after the expiration of the home buyer tax credit, existing home sales fell to the worst [...]

“The awful jobs numbers kicked everyone in the teeth,” MarketWatch, “Investors are grappling with the growing disconnect between strong corporate earnings and a faltering U.S. economy. Currently, 75% of the 484 companies in the S&P 500 that have reported have beaten Wall Street expectations, compared with a quarterly average of 62%.” Investors saw good earnings [...]