This Week The interest rate markets begin with technically overbought conditions and subject to some retracements. It is employment week with March employment data out on Friday. Last week the…
Nick AlvinoApril 1, 2013
This Week Until this weekend, the most important event this week was the FOMC meeting on Wednesday. Over the weekend, though, the euro zone took center stage with debt issues…
Nick AlvinoMarch 18, 2013
After the strong increase in interest rates last week and the stock market running to new all-time highs on the DJIA (S&P still hasn’t made it), the week is likely…
Nick AlvinoMarch 11, 2013
This week is employment week with February employment data out on Friday. The early estimate is for an increase of 165K jobs and 178K private jobs, the unemployment rate unchanged…
Nick AlvinoMarch 4, 2013
This week: On Friday, as it appears now, the $85B in automatic spending cuts will go into effect. A lot of talk and slings and arrows between the two political…
Nick AlvinoFebruary 25, 2013
This week January housing data: Starts and permits and existing home sales are all a little softer than December data, likely in part due to the realization that the SS…
Nick AlvinoFebruary 18, 2013
This week, Treasury will auction $72B of notes and bonds beginning Tuesday. The State of the Union is on Tuesday evening. Key economic data hits on Wednesday through Friday: January…
Nick AlvinoFebruary 11, 2013
This week, interest rates are still increasing, the 10 year note closed above 2.00% last Friday and MBS prices fell on stronger job growth. Although non-farm jobs were less in…
Nick AlvinoFebruary 4, 2013
This week has a lot of data: the FOMC meeting, Treasury auctioning $99B of notes, and the January employment data. Also on the table, the Senate is expected to vote…
Nick AlvinoJanuary 28, 2013