If Bonds get to know Joe’s game. Well, then rates will trace Jobs private number, downward.
The world is upset at the US fiscal irresponsibility. Despite its recklessness, the US has relatively low rates, higher indebtedness, and remains THE reserve currency. So, the global resentment of the US, makes sense. They hate being ripped by the Big Guy.
What spins rates out of control excess debt or a significant recession with Jobs losses and real wage decline.
Debt spin us right round, maybe. Rates down, like a record, no way. Right, round up down.
Song: You Spin Me Round (Like a Record) (1984) Dead Or Alive
https://www.youtube.com/watch?v=PGNiXGX2nLU
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.