Has rallied higher. I will give you comments from former treasury secretary Larry Summers. He spoke to david westin about a much higher rate. Bloomberg dollar index continues to gain ground. It has been a lot of strength of the past four weeks as the yields get higher they are more attractive to Foreign Investors who needed to buy dollars to access that. Crude, very interesting traded today. We have inventories a little bit light. Nonetheless, we see nymex crude below 80 a barrel. West texas intermediate going for 79. 84. I want to talk about the housing sector first. 30year Mortgage Rates have top 7 , a threshold double impact affordability, sales, and refinancing activity. Here is Reade Pickert to explain. What do we know about what the 7 mortgage is going to do to the Housing Market, which already seems like it is in a deadlock since home wonders dont want to give up cheaper mortgages they have . Thats exec the right. We have data that shows that the 30year contract rate on a mortga
Major averages are lower. Dipping dealing as low as a 1 decline, but all three still lower as we have concerns about Central Banks effectiveness in fighting global slowdowns. Not giving aspan much stimulus as had been anticipated. Franko heard from the fed kaplan who questioned the effectiveness of monetary tools or the difficulty in using monetary tools. If you look at the threemark ix, itmonth chart of the v shows it is the highest it has been going back to the period surrounding the u. K. Vote to leave the european union. If you look at other assets, the is seeing an uptick or gold futures are rising for the sixth straight session, and crude oil futures are trading lower. That is how this macro view is playing out. Lets go back to stocks. Transportation a huge drag. Delta going down after unit valley value fell. Royal caribbean lower after its earnings report, and forward, not technically in the transportation average, but it makes stuff that gets you place. They came out with july
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/PRNewswire/ CPM Holdings, Inc. ("CPM" or the "Company"), a leading global supplier of engineered process equipment for animal feed, oilseed processing,.
Licensed marriage and family therapist Christine Lister and her friend, Deby Brown, traveled to Israel taking in the sights of the ancient Holy Lands with a touring group that was