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 Mortgage News Daily
Harmony Of The Trends And The Whole Day Explained In One Chart - 1 day ago
Posted To: MBS Commentary(A bit long, but another worthwhile closing post to read... with some not-often-phrased-in-such-a-way explanations. I enjoyed writing it at least. Let me know what you think.) You know the "stock lever?" If not, that's the term we use to describe the common occurrence of stock prices and bond prices moving in opposite directions. Doesn't happen all the time, but in a general sense, sure. Last night we talked about both stock and bond markets closing at some pretty long term "on the fence levels" and so it was a reasonable assumption that it was up to retail sales and whatever else Friday could muster to convince stocks to go one way and bonds to go the other. I didn't have the minerals to offer a solid prediction, but simply that it could be a big day either...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
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Mortgage Links
2043 Richmond Ave
Staten Island, NY 10314
Office Phone: (718) 494-8300 Fax: (718)-494-0900 Infomation: Scott@mtglinks.com
Cell: 718-664-0741
Direct: 718-966-4000
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