Stocks are higher at the open due to rumors of progress on the “Fiscal Cliff” talks. The word is the republican offer includes tax increases on those with an AGI of $1 million or more, but accompanied by $1 trillion…
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Floating Bias
Markets opened relatively flat as CPI was in line with expectations and inflation...
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Waiting for any indicators on QE4
Markets opened with stocks moving higher on positive data from German investor confidence,...
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Cautiously Floating Mortgage Bonds slightly positive
Markets opened relatively mild this morning as there are no economic reports on...
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Cautiously floating
The Jobs report came out with 146,000 new jobs versus estimates of 90,000. ...
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Locking Stance
Initial Jobless Claims were reported at 370,000 which is 25,000 lower than the...
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Cautious Floating
Stocks and bonds are both close to flat at the open, as there...
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Floating Bias
Markets opened with stocks higher on the first open market day of December,...
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Here comes December
Economic reports for the day included PCE (personal income expenditures) and Chicago PMI. ...
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Good news for rates
Markets started the day with positive news as reading #2 of 3rd quarter GDP...
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