Lykken on Lending

Show notes: TMSpotlight: 8.07.23 "On Melancholy Hill" May Lower Mortgage Rates ------------------------------ Up on Melancholy Hill, There's a data tree.  Are they here for bears or bulls?The curve believes that the Fed’s restrictive policy will constrain growth and choke off inflation.  Interpreted data drive rates and yield spreads.As a … [Read more...]

Show notes: TMSpotlight: 7.31.23 "Yogi Bear" Oops Boo Boo ---------------------- Chairman Powell is smarter than the average bear;Chairman Powell is always in the trader's hair.At the Banker’s Table, you will find him there,Stuffing down more data than the average bear.What happens to rates for the rest of the year?  The Fed has set up the … [Read more...]

Show notes: TMSpotlight: 7.24.23 Opposing Traffic Causes "Space Truckin" Congestion -------------------------- Well, we had a lot of luck with Bull TrendsWe always had a ball with Bears.We’re trading all the crazy curves.  Is the Fed sending us to the MURKY Way.   Recently two-way mechanical trading reduced the price market-makers charge to … [Read more...]

Show notes: TMSpotlight: 7.17.23 "Tom Sawyer" Will the 10 Yr Yield Be Adventure or Mishap? ---------------------------- Inflation warriorMean, old hawk.Today's Tom Sawyer Mean, new doveAre aggressive hikes gone?  Last week, the market presumed Doves won as hawkish Jim Bullard resigned as St. Louis Fed President to lead Purdue’s School of … [Read more...]

Show notes: TMSpotlight: 7.10.23 Will the Economy "Rock & Roll" Into a Slowdown ------------------------- Uh, Uh, Flush Flush Ah.Finally, the bears reached our 10 yr yield target of 4.10.  The bears ended the secular bull market in 2022, and all bull comebacks crashed.  With many central banks tightening over 400 basis points in less … [Read more...]

Show notes: TMSpotlight: 7.3.23 Supreme Court Indicates Not Everything is "Black & White" -------------------- The ink is black. The page is white. The court tells us to see no race.With the Supreme Court telling universities to value the individual, let’s hope the DEI activists see their folly and return to Color-blindness, Merit, Equal … [Read more...]

Show notes: TMSpotlight: 6.26.23 The Markets Prepare for "The Launch"  ----------------------- Get Ready for ShocksHints of stimulus in China caused Oil producing states to cut production and prepare for a global slump.  As a result, the 10 yr yield slipped from 3.80. Get Ready for Lull       Near-term markets struggle with views on yield … [Read more...]

Show notes: TMSpotlight: 6.12.23 The Markets Prepare for "The Launch"  ----------------------- Get Ready for ShocksHints of stimulus in China caused Oil producing states to cut production and prepare for a global slump.  As a result, the 10 yr yield slipped from 3.80. Get Ready for Lull       Near-term markets struggle with views on yield … [Read more...]

Show notes: TMSpotlight: 6.5.23 "Song Sung Blue" June Starts the Summer Heat ----------------------- Song sung blue, every trader knows one.  Some snub clues; every datum grows one.After the 10 yr yield dropped to 3.57, our target area, the Jobs report gave traders a reason to establish a near-term trading range between 3.55 – 3.80.But, with … [Read more...]

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 @ … [Read more...]

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 @ … [Read more...]

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 @ … [Read more...]

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 @ … [Read more...]

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 @ … [Read more...]