Ops, MLO jobs; Whole Loan Sales, Jumbo, QC, Home Buying Education Products; Freddie and Fannie Changes
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Bernie can t see straight, Apple (AAPL Stock) and Facebook (FB Stock) after the bell
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Procter & Gamble (NYSE: PG), and
Lockheed Martin (NYSE: PG) to begin the week.
Second, we’ve got some closely-watched economic data scheduled for release; it looks like a slow start to the week, but keep an eye on Redbook Tuesday after last week’s strong Retail Sales release. Wednesday, we have the Mortgage Apps, a 20-Year Bond auction, and Crude Inventories. Later in the week it’ll be all about housing data, with Existing Home Sales Thursday and New Home Sales Friday. The weekly Jobless report will also be a focal point, but I feel like the focus has shifted away from the high-frequency weekly data more to the monthly report again. Don t forget, we also have central bank activity: the Bank of Canada Wednesday and the ECB Thursday. The BOC could taper bond purchases, and neither are expected to change lending rates.
4/12/2021 10:10:56 AM GMT
PPI explodes higher…..will CPI follow?
Powell takes to 60 mins and says again – ‘Don’t worry’.
Big macro data week and earnings are set to begin on Wednesday.
Global markets all lower as consolidation begins.
Try the Spaghetti al’ Tonno.
Friday 8:30 am……the gov’t was expected to announce the PPI report……and then nothing…….no announcement…. the screen was blank….…. the gov’t had a ‘tech failure’ that prevented the data from hitting the tape…. leaving investors, and markets to wonder what had happened…. the news finally hitting the ‘Twittersphere’ at about 8:45 am…and what did it show? It showed a surge in input prices, it showed exactly what we had feared and what the FED had been preparing for all week….