Monday, January 14, 2019

Daily Market Report 1/14/19 There are no economic news to report today.  The Market is reacting to disapppointing Import/Export Data from China, which is re-hashing Investors' concerns over a Global Economic Slowdown.  Also, Q4 Corporate Earnings Reports start off the week, which Citi Group missed and is bringing down the Financial Sector.  The Gov't Shutdown is ongoing, which is now the longest on record.  Stocks are Down on the disappointing news from China and some of the Q4 Corporate Earnings Reports that were released.  MBS is currently unchanged, along with Yields (2.70%) from Friday's close, so pricing on Mortgage Rates remain the same.                                                                                         
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