Monthly Archives: November 2012

My Thoughts for the Week of November 26, 2012

US interest rates are starting the week off quite a bit better this morning after several days of increases over the last two weeks. In my opinion MBS and Treasury bonds have been oversold in the short term and we … Continue reading

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My Thoughts for the Week of November 19, 2012

I went to see Lincoln over the weekend, touching movie and I highly recommend seeing it. But did you know that in 1863 it was President Lincoln who proclaimed the last day of November to be a new national day … Continue reading

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J.P. Morgan CEO Jamie Dimon on the US Housing Market

J.P. Morgan Chief Executive James Dimon likes what he sees right now in the U.S. housing market. Mr. Dimon has a pretty good forecasting track record this year, at least as far as housing goes. Consider that in January, Mr. … Continue reading

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My Thoughts for the Week of November 12, 2012

Today we honor our Veteran’s, thank you to all who serve in our military! Today the bond and mortgage markets will be closed but the stock market will be open all day. Interest rates have fallen a bit and could … Continue reading

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My Thoughts for the Week of November 5, 2012

This week there is really nothing more important than tomorrow’s elections. With most polls indicating that the election is essentially too close to call, the US and global financial markets will likely trade quietly Monday and Tuesday. Wednesday, if the … Continue reading

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Hurricane or Superstorm, the Term Matters

What’s the difference between a hurricane and a “superstorm?” Well, Sandy was a hurricane that turned into a superstorm when it, laden with energy and moisture from the tropical Atlantic, combined with a winter storm fueled by the southward plunge … Continue reading

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Changes in California Lending and Foreclosure Laws

The California legislature recently passed multiple bills that either extend or strengthen already existing consumer protection statutes.  These include adding additional language requirements to Notices of Default and Sale, putting protections in place for consumers that are renting a property … Continue reading

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My Thoughts for the Week of October 29, 2012

Due to Hurricane Sandy, US capital markets will be operating at limited capacity due to evacuations in New York City. My bond and interest rate data feeds will be limited as many trading desks will be closed for the time … Continue reading

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