Tag Archives: US economic forecast

Economic Data That Could Move Bond Yields And Mortgage Rates – Week Of July 9th And 16th

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Whether it’s what a company may earn in a given quarter, who will win the 8th at Belmont, if it will rain today or of course the economy, forecasting and prediction are inexact sciences! As discussed in this space previously, ‘Predicting The Weather, Mortgage Rates, Commodity Prices Or Most Anything Else Is Not For The Faint Of […]

Crude Oil At 11-Year Low While The S&P 500 Is, Well…Not Even Close!

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This morning Brent crude hit its lowest level since 2004 while West Texas Intermediate hasn’t had spot prices this cheap since about 2003 (see chart above)!  Market experts are in general citing surging levels of crude supply with no appreciable decline in that supply anywhere on the horizon as the major reason for the price drop. A popular […]