The biggest news for the bond markets was the release of the U.S. December manufacturing report as indicated by the ISM Manufacturing Index. It plunged…
Posts published in “lou barnes”
2019 and beyond: A look back
By The Citizen on December 28, 2019
Leaders of federal administrations always take credit for roaring econonomies, but the reality is more complex Source: Inman News
No worries for markets over Christmas holidays
By The Citizen on December 20, 2019
The all-important 10-year T-note at 1.92 percent today is flirting with the highs since the big drop in early August and has risen steadily since…
The Fed signals that interest rates won’t change through 2020. Really?
By The Citizen on December 13, 2019
Normal Decembers are often void of substantial news, and markets stay steady. This December is packed with news, but markets remain unperturbed. That begs the…
Latest employment news is too good for a rate drop
By The Citizen on December 6, 2019
The latest jobs report is good; most other factors are stable. The economic wild card is the uncertain prospects for the outcome of the trade…
Markets poised for lower rates
By The Citizen on November 22, 2019
The greatest threat to the global economy is trade friction with China, says regular Inman columnist Lou Barnes. Source: Inman News
Mortgage rates rising? Look again
By The Citizen on November 15, 2019
The information technology revolution continues to break old assumptions behind economic modeling. We’re in uncharted waters — though the leaders at the Federal Reserve have…
Mortgage rates are back at July levels
By The Citizen on November 8, 2019
The trade war damage in the U.S. outside of manufacturing and farms has been undetectable. Source: Inman News
Good news from bonds and mortgages? Read and smile
By The Citizen on November 2, 2019
Just like the ’62 Mets, everywhere columnist Lou Barnes looks in our economy today, global as well as U.S., he sees that the team is…
Mortgage rates rising — no matter what the Federal Reserve does
By The Citizen on October 25, 2019
Long-term rates have stayed in a narrow range for anther week, mortgages still close to 4.00 percent. However, two developing patterns suggest changes ahead, although…