“Waterloo” The Dollar Rises, Rate Change Coming – TMSpotlight by Les Parker

“Waterloo” The Dollar Rises, Rate Change Coming – TMSpotlight by Les Parker

11.25.24 "Waterloo" The Dollar Rises, Rate Change Coming ----------------------- Bye, Bye At Waterloo, Napoleon did surrender Old Joe’s IRA met its destiny in quite a similar way. Biden’s Waterloo is trying to spend the excessive IRA. The significant rise in the Dollar confirms international investors approve of the policy direction of the incoming team. Additionally, global economic weakness keeps the lid on inflation expectations. Despite the concern over Ukraine and tensions in the Middle East, relative stability in Gold and Oil markets suggests risk-on investing. Expect a sizable rate change as the year ends and pockets of illiquidity occur. Wo, Joe Biden’s Waterloo. Finally, facing his Waterloo. ---------------------- Song: Waterloo (1974) ABBA https://www.youtube.com/watch?v=Sj_9CiNkkn4
Les Parker, CMB Managing Director, Transformational Mortgage Solutions
Les Parker 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.