Average 30-Year Mortgage Rate in the US... 1970s: 8.9% 1980s: 12.7% 1990s: 8.1% 2000s: 6.3% 2010s: 4.1% 2020s: 3.5% Rate Today: 6.0% https://t.co/MndvtWftTe
127
402
Anatomy of a policy error There has been a notable pick up today in warnings that an aggressive Fed will cause serious damage to the US #economy and beyond It is right to be concerned. But the answer is not for the Fed to allow #inflation to cause more pain to so many As I’ve 1/2
40
245
With mortgage rates rising above 6% for the first time since 2008, experts recommend that today's homebuyers "think inside the box." https://t.co/oGW0rEpbc3
14
69
We haven't had a gap down capitulation market sell off open and rip yo face off rally in a long time - is that too much to ask for tomorrow?
4
78
As we get ready for another Fed Day next Wednesday, remember that the S&P has gained at least 1% on every Fed Day since the tightening cycle began in March. Go figure. 3/16: +2.24% 5/4: +2.99% 6/15: +1.46% 7/27: +2.62%
14
54
…detailed before, we find ourselves quite far from the world of policy “first best”—a consequence of the #Fed having been so late in responding Tragically, especially as this was avoidable, the second- and third-best policy approaches come with side effects and collateral damage
18
172
The 2-year Treasury yield is up another 7+ bps to 3.86% today. The last time we saw the 2-year yield rise this much YoY was in October 1981. https://t.co/H4p1RcpNxV https://t.co/QLo6S1WN0m
20
46
FedEx released earnings early, and holy ship, are they bad. 😱 EPS: $3.44 vs $5.14 expected Revenue: $23.2 billion vs. $23.59 expected It also withdrew full-year guidance and announced significant cost-cutting measures amid the challenging environment. https://t.co/JP1iiDvsk8 https://t.co/Q57htGPqQU
13
52
I hope you're staying safe, remember that he most crashes that the $DIA $SPY $QQQ have had throughout history have come in September and October, and we've actually seen 2 big crashes on Sept 16th before so given the recent action/news, tomorrow could get VERY ugly! #safetyfirst
16
34
Protecting the most vulnerable segments of society becomes even more important, as does using this moment to enhance productivity, growth and future financial stability. Rather than hope for an immaculate soft landing, it’s crucial to minimize the damage from the policy mistake.
13
139
Over the last 12 months, the two-year yield has risen to the greatest extent in 40 years, surpassing even the hyper-aggressive Fed of 1994. Read more in tonight's Closer: https://t.co/AHTlLRHdc5 https://t.co/OWJmmfGzeu
22
34
There’s a big difference If you’re trading the market did the next 90days. If you get paid monthly or quarterly. Or your approaching the market for the next 3-5-7-10-15years. You should be doing both!!!!
1
29
Once again, an attempt by US #stocks to rebound from Tuesday’s sharp losses faltered in the face of higher yields and concerns about #FederalReserve policy. (For background, this in the FT from this morning: https://t.co/6B38HyO1aK ) #fed #economy #markets https://t.co/nvHCqn6Glb
9
93