Wholesale Inflation is AS EXPECTED and INFLATION data continues to give an indication of another Fed Rate Cute in December (at the moment). Unemployment Applications squeaked LOWER so there’s certainly NO JOB Market Weakness. People are MAKING more though the cost of living (Rents, Housing, Groceries) has outpaced the real wage gains. Until there are…

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Strong rally today. The Consumer Price Index (CPI) results came in this morning BELOW the consensus expectation.  This is a good sign for INFLATION SLOWING, therefore benefiting rates. We would need continued CPI results such as this one for the Fed to definitively declare an end to rate hikes. As of Today … Core inflation TICKED…

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The reprice risk today is low with not much to worry about either.  Things are looking MUCH BETTER than a week ago with the possibility of the BEST RATES in over a month if we can get lucky with the markets reaction to tomorrow’s jobs data and it’s looking MUCH MORE LIKELY than it has…

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As of 7/17/2023 – LOWEST Core Inflation since 2021 Rates are looking better since last week’s CPI data … Bloomberg says this will mark a pivotal turning point for inflation … 3.0% Year Over Year and better than expected 3.1% 0.2% Higher for the Month and lower than expected 0.3% 4.8% CORE Year Over Year…

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