03-24-2025 Jay May Be a Goner or “Stay a Little Longer”
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So calm and so cool, markets try to be
But it don’t bother trends.
The Fed reduced its selling of Treasuries. Consequently, it can provide more liquidity for investors moving from Stocks to short-term Treasuries. Chairman Powell also confirmed his desire to reduce the MBS portfolio to zero.
When contrived markets, become free again, it’s wild initially. Despite rising inflation risks, markets are relieved that the FOMC still anticipates two rate cuts this year. Stable and cheap Oil and a looser Fed support lower rates.
One last kiss, and then Jay’s a goner, and Bonds wishing you could Stay A Little Longer.
These views are mine. Catch a goner at TMSpotlight.com.
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Song: Stay A Little Longer (2015) Brothers Osborne
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.