05-27-2024 The Fed Leaves US “Right Where You Left Me”
—————-
Links break up, links get married. Cycles get born, cycles get buried. Trends change, rumors fly through new lies, (with-TS only) Screens Right Where You Left them.

The Fed minutes underscored its “higher for longer” outlook, resulting in a flattening yield curve and a sharp fall in Gold prices.

Will fireworks arrive before July 4th? Over the next three months, expect big bangs and surprises from new data and European elections, but no later than the Fed’s first ease on September 18.

Expect mortgage rates to stay below 7.5% and go below 6.0% before the end of the year.

Powell, you left us no. You left us no choice but to wait here forever

These views are mine. Wait with hope at TMSpotlight.com.
—————-
Song: Right Where You Left Me (2021)
https://www.youtube.com/watch?v=Ur_wAcYDnuA Taylor Swift

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.