Show notes:
TMSpotlight:
04-28-2025 Euphoria And Dysphoria Making You “Dizzy?”
—————
Dizzy. We’re so dizzy. Markets are spinning, Like a whirlpool that never ends.
Contradictions fight any trend narrative except when there is short-term euphoria or dysphoria. However, with volatile volatility, technical indicators have become less reliable. Most hedging methods can work two-thirds of the time, but beware of the other third.
Will the bullish Five and Ten-year futures reverse bearish mortgages from their overreaction to global political rhetoric? Persistently elevated volatility means a 25-bps move can happen fast.
And its yield spreads, making it spin
They’re making trends dizzy.
—————–
Song: Dizzy (1969) Tommy Roe
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.