The bear market remains in tact and we see at least a few more weeks of notable selling pressure for risk assets.
And while we don't hold 'swing trades' through earnings reports (it's called gambling)...our Market Rover has had this thing a short since $125. It's tickling the mid $80s this morning https://t.co/m5mutat9zXRead More
Nike $NKE is the latest one this morning to be honest about the state of the economy: margins crapped, as did outlook https://t.co/5Gqcbg1m2gRead More
In other words, it took 30 year mortgage rates 12 years to go from north of 6.50% down to below 3%...but it only took 1 year and 9 months to go from those lows right back up to above 6.50% #headspinnerRead More
One day (not too far away) we will look back at this rocket ship that is rates of all types (including mortgages) and realize that it shattered many things https://t.co/q0wcPEY7NKRead More
Let’s go: My State of the Market Address! We are starting at 12 noon New York time;Read More