MBS Day Ahead: Another Day of Stock Watching; Don't Expect Miracles

Home / Blog / MBS Day Ahead: Another Day of Stock Watching; Don't Expect Miracles

Posted To: MBS Commentary

Is there potential for today to turn into a "black Friday" with catastrophic stock losses that usher in the most amazing bond rally we've seen in years? Sure... that could happen any time, really, depending on the underlying events driving the move. In the current case, it's not highly likely unless we're ready to accept the end of the current economic expansion. That would be hard to do given the current course of economic data. Rather, the big shift in stocks will be reserved for a time when we're also seeing a big enough shift in the underlying data to cool the Fed's rate hike aspirations. This is why people like to blame the Fed for "causing" stock sell-offs, but the fact is that it's the data driving the Fed AND stocks. Based on the trajectory...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

fb76f1c0 ac2a 46bd 85cb a9d0c6766158 a290e817 a993 4e1f 81dc 090d950c9acb d8b4a2cd d06a 45fb b239 226442c46b84 aeffc8e7 727f 49b8 b9db c5a0dedae616 caaa15ff 1ccf 4eff 8300 37a6154de6f5 ab4dff47 a4c6 4f06 8987 0eb3ab9dc0ae e6f3bb6b b739 487a b05d 77368019923a 30f95db4 0efe 4b95 a8d9 d08c141b2e96 e1f7bcc5 1b25 40b5 9ece 1ba28b150a81 68bd5920 0d1e 4a6c 91a3 d3d07f70c2fb d7621ccb e322 44d9 a8cd ba323301a94e 5a39362d 4b06 4378 ac9e 8aaf59bee686 87dbcbc8 7d0b 494a b679 d89b08fe0557 7dd9c304 623a 48a0 823e ac73b2bdb6cb 1905dc3e 0340 441b bc76 010209681595 41f25e15 a37c 4b95 ba89 e51861ed482e 65b68406 4b8d 4432 a72b 4e51ddc7d40d 5c24bb51 a215 42e2 b6bd 0eb049169a75 c3c11d36 6cd7 4b1c a5d8 bffa2faa0f84 f5dde84d 1469 46dc 804c d99aa57a5028 6806fe7f 0085 4555 8a87 44e92c02b8bd 14bd5ae7 f548 4a88 b519 d484761cc72a a8f2deb6 c0ef 41aa 8042 a4dfc9356188