Have you got color on your screens? Do you ever get that fear that you can’t shift your trade, that sticks around like something in your teeth?
Illiquidity and short squeezes live. The 10 yr yield takes a breath between 4.60 and 4.30, and a breakout by Thanksgiving looks unlikely.
But is a storm brewing after the turkey is gone?OPEC+ meets on Sunday, 11/26, and may rain on the Bond Bull parade. With Oil down 18% in less than eight weeks, will Oil producers put the brakes on production?
Will Oil prices move and shift rates out of neutral?
(Do Eyes Wanna Know?) Do we want trades Crawling back to null?
Song: Do I Wanna Know? (2013) Arctic Monkeys
https://www.youtube.com/watch?v=bpOSxM0rNPM
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.