MAGAZYN KIESZEŃ (482) 12.02. 2023
[youtube https://www.youtube.com/watch?v=6CwALeSfPX8?si=bYTn14md_0PVMG02&w=560&h=315]
Market Wrap-up
Taking it to the House: Construction Spending MOM increased in October by 0.6% versus estimates of 0.4%.
Rosie the Riveter: November ISM Manufacturing PMI 46.7...
MAGAZYN KIESZEŃ (481) 11.25. 2023
[youtube https://www.youtube.com/watch?v=Kl38AyZar9E?si=qfKLXf3eWR6r6WUx&w=560&h=315]
Market Wrap-up
Rosie the Riveter: The Preliminary S&P Markit Manufacturing PMI dropped from 50.0 down to 49.4 which is contractionary. The Services PMI moved from...
MAGAZYN KIESZEŃ (480) 11.18. 2023
[youtube https://www.youtube.com/watch?v=0qrvAo86V9U?si=uBtKn9UU5M1B3kxe&w=560&h=315]
Market Wrap-up
MBS OVERVIEW
Our benchmark FNMA MBS 6.50 December Coupon is down -12 BPS at 3:30 PM ET.
Taking it to the House: October Building Permits...
MAGAZYN KIESZEŃ (478) 11.11. 2023
[youtube https://www.youtube.com/watch?v=E9wWJSq9NKc?si=tTTbTnRf5YQ6hAJj&w=560&h=315]
Market Wrap-up
Our benchmark FNMA MBS 6.50 November Coupon is down -28 BPS at 3:30 PM ET.
Domestic Flavor:
The Consumer: The preliminary (subject to revision) November...
MAGAZYN KIESZEŃ (477) 10.28. 2023
[youtube https://www.youtube.com/watch?v=mouv6bN7UyQ?si=fb_gJxvjE02kytcT&w=560&h=315]
Market Wrap-up
Inflation Nation: September Headline PCE MOM was higher than expected (0.4% versus estimates of 0.3%), YOY it was up 3.4% versus estimates of...
MAGAZYN KIESZEŃ (476) 10.21. 2023
[youtube https://www.youtube.com/watch?v=zWAwF_XAL8w?si=4XURp06UaIrcPUO_&w=560&h=315]
Market Wrap-up
MBS OVERVIEW
Our benchmark FNMA MBS 6.50 November Coupon is currently up +5 BPS.
The Talking Fed: Cleveland Fed President Loretta Mester reiterated that she...
MAGAZYN KIESZEŃ (475) 10.14. 2023
[youtube https://www.youtube.com/watch?v=dw2mfwMgpKc?si=Hz_i3KocWwwQkwxx&w=560&h=315]
Market Wrap-up
MBS OVERVIEW
Our benchmark FNMA MBS 6.50 November Coupon is currently down -4 BPS.
Genco Olive Oil: September Import Prices rose by only 0.1% on...
MAGAZYN KIESZEŃ (474) 10.07. 2023
https://youtu.be/lmJHsN-Q4tk?si=UhFrNoY5GJAMbH_z
MBS OVERVIEW
Jobs, Jobs, Jobs: Its Big Jobs Friday! You read the official BLS release here. The following is the Tale of the Tape:
Jobs:
September Non Farm Payrolls (NFP)...
MAGAZYN KIESZEŃ (473) 09.30. 2023
[youtube https://www.youtube.com/watch?v=VZ_xQDHlGWc?si=DmxvtCdc2IVJu4S_&w=560&h=315]
Market Wrap-up
MBS OVERVIEW
Our benchmark FNMA MBS 6.50 October Coupon is currently up +3 BPS.
Inflation Nation: The August Headline PCE increased by 0.4% on a...
MAGAZYN KIESZEŃ (472) 09.23. 2023
[youtube https://www.youtube.com/watch?v=yO0mD5TPCm4?si=QFKcFU2rP9eILqKS&w=560&h=315]
Market Wrap-up
Our benchmark FNMA MBS 6.50 October Coupon is currently up +10 BPS.
Rosie the Riveter: The Preliminary Markit S&P Flash Manufacturing PMI showed continued...