Weakness in the bond market generally means higher mortgage rates . Today was no exception. A key economic report on the manufacturing sector was muc...
Some would say there were warning signs, such as last week's Chicago PMI surging to the 2nd highest level since 2022, but that was generally dismissed...
This week's newsletter is all about context when it comes to economic data and market movement. One point of view may provide a clear takeaway while z...
Very little changed after this morning's commentary. At the time, we were watching bonds sell-off somewhat sharply in response to an exceptionally str...