11.18.24 The Inflation "Sleigh Ride"
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Just hear those sleigh bells jingle-ing, ten years cratering, too, Come on, it's lame-duck weather for a slow ride to low rates with you.
When the final advent candle is lit, will rates rise or slide fifty basis points? The answer should come this week. The bearish trend, uncertainty over the fiscal sanity of the Advanced Economies, and the significant political obstacles for Trump’s administration to deliver lower inflation within a year support 5% when sleigh bells ring.
The bulls need mistletoe to find a prince among the frogs of declining Oil, wakening Europe, and a lame-duck Yellen Biden on defense without a snow machine.
Sleigh Ride with you.
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Song: Sleigh Ride (1949) Lyrics paired with it in 1950.
Jack Jones
Les Parker, CMB Managing Director, Transformational Mortgage Solutions
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.