Market Update 4-18-2011
Updated Oct. 9, 2013
The QE2 smashes into the docks at the end of June.. But let's start here: At the beginning of 2010, a one-ounce silver coin sold for less than $18. At the end of the year, that coin sold for nearly $31.. This remarkable gain surely has something important to tell us, especially as gold has been rising at a similar pace...

Week in Review 4-22-2011
Updated Oct. 9, 2013
It has been a quiet week in the markets, shortened by Good Friday. Oh, S&P created a tempest with its threat to the AAA rating of Treasurys, but as the week wore on, more and more people asked, "How would they know?"Stocks regained all losses, but Treasury bond yields stayed low, the 10-year 3.39%, mortgages...

Market Update 5-5-2011
Updated Oct. 9, 2013
Advise your Clients: Locking later today and ahead of Jobs ReportCurrent Price of FNMA 4.0% Bond: $100.09, +19bpMortgage Bonds are trading higher - but are well off the best levels of the session. Tomorrow is the big Jobs Report - read on, as we will take a look at what the markets are expecting and what the...

Market Update 5-17-2011
Updated Oct. 9, 2013
Not a Mary Poppins Market!Tuppence, prudently, thriftily, frugally, invested in the...bank?Have you noticed the yield on a 3-month T-bill? It's 0.02%--two one-hundredths of a percent--about as close to zero, zed, zilch as you can come. Is this solely the result of the Fed's zero-to-0.25% target for...