Notes gonna wait till the midnight hour. That's when their yields come tumbling down
Foreign markets and midnight meetings impact mortgage rates. Gold tells us that uncertainty is rising from OPEC’s supply adjustments, China’s exporting of deflation, Japan’s attempt to exit model land for real prices and rates, and US’s wild fiscal irresponsibility,
As a result, the new narrative of slowing growth, declining inflation, and the Fed with no options keep the Bulls bullish and the Bears fighting for relevance.
In the midnight hour. Yeah, you will, pay it for it sometime.
In the Midnight Hour (1965) Wilson Pickett
https://www.youtube.com/watch?v=FGVGFfj7POA
Les Parker, CMB
Former senior vice president of a national technology and service company.
Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities.
Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content, Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.