Market updates and breaking news

7/26/2024
PCE came in this morning. It wasn’t as low as we’d hoped, but mortgage-backed securities are actually doing ok and going the right direction.

7/12/2024
Fed members seem to be leaning towards a rate cut. We may be on the cusp of things turning around finally!

5/31/2024
-PCE (personal consumption expenditures) shows all-in inflation rose .3% for the month which was expected.

5/24/2024
The market is going back and forth. We make some progress and then it reverses.

5/10/2024
There is not a ton of news for this week, but the big CPI report comes out next week.