We’re standing here until Fed makes us move. Bonds Hanging By A Moment for a clue.
Trade deals historically take years, but the nano-second world shortens time. The currency market concludes that the latest trade talks benefit the Dollar. Alternatively, Gold bugs see US tariffs leading to a new trading system where the US gets more fees and non-fee barriers decline.
Watch Oil. If West TX Intermediate can’t close above $65, and the 10-year yield stays below 4.50, a drop to 3.60 by June 30 remains the target.
There is nothing else.
These views are mine. Find certainty at TMSpotlight.com.
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Song: Hanging By A Moment (2000)
Les Parker, CMB Managing Director, Transformational Mortgage Solutions
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.