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...

7a6c569e 7c26 493d 8b9e 4bc9177757ec 9b43ec9d 258a 4407 9d31 939c39a7bacc a8f7f0e0 9305 48b4 8b7e a243e739c409 05529d0a 6eac 40e2 9054 3289d0e42785 c2834e36 4bb6 4e1e 897a dcde41881229 92835039 05a8 449f 996c 3f4135ae77e1 48b564db 83c6 4df9 ba56 8a5429e6ec99 f2c333cd ac68 49c6 b49b 941e2726f21b f30a4322 6efc 494b 87a3 d9191993f379 67ca38fb 0be5 445c a461 d2b64594123e de5d8ad9 49dd 4c8d 9af9 8c34917abbc1 76e63e06 bcef 4833 8628 928cf2a032b4 7b934247 0674 422e 96af 74fac8161730 eb63ec1b d74b 4390 94d5 a39c4a9a6e94 9a1bdd16 ec9d 44a6 b790 d75d9ba1f82d 0ab8ec07 f2fe 4492 ba32 96af688c1d54 af404f15 a1fe 45d3 a757 8fcca9612ea3 986448dd 5b45 46ef b347 3537bfcc90d3 3fdb1ac4 7021 4056 9385 2b259d7f0481 3f7dec12 cf66 47d0 94b7 57a88d81b5ca f0912df9 bd16 411f a3a5 67ce5296ac4a ee44661e ff70 41ae 9adf b1d1c6cf6ecf b4fc81bd 6988 4e8d 8962 b25e21ecf23e