Mortgage rates fall for a second week in June | National Mortgage News nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
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6/1/2021 10:18:00 AM GMT
US futures are UP, Oil is UP, Cryptos are DOWN, 10 Yr is flat.
It’s a new month and the mood is bullish, the VIX remains complacent.
Key data points this week – both the ADP employment and Non Farm Payrolls report.
Next Fed meeting June 15th – 16th. 4 Fed Presidents to speak on Wednesday.
Try the Roman Style Chicken.
It is Tuesday, June 1st – the final month in the 2nd quarter of 2021….and markets remain strong, near their highs, as investors/traders/analysts and economists attempt to decipher what is going on with the economy, the FED, monetary policy, tax policy and infrastructure policy. Futures are higher this morning and the national and global mood is bullish….
Dow Futures Gain as Recovery Bets Trump Inflation; Bitcoin Steady thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
The pandemic economy has been strange and unpredictable from the get-go.
Throughout the past 14 months, the twists and turns have been surprising: The housing market boomed, the stock market soared, people got into day trading, everyone hoarded toilet paper, and lumber became a must-have. There’s been widespread disagreement about how much support from the government was needed, whether the country was doing too much or not enough, or whether help would come at all. We won’t know whether the country overshot or undershot the response for years, and there’s still uncertainty about what’s happening in the labor market, prices, and other areas. And the prevailing theme has been one that has nothing to do with the economy directly: As long as Covid-19 isn’t under control, the economy isn’t either.