Monday, January 7, 2019

Daily Market Report 1/7/19 Today's Economic Calendar has only the ISM Services Index for the month of December.  It dropped from 60.7% to 57.6%.  On the Headline News, the Stock Market is trading in Positive Territory on news of the US/China Trade Talks amongst higher level Officials.  Also, the sentiment was carried over from Friday on comments by Fed Chief Powell (easing concerns with Investors that the Fed will be Flexible with it's Rate Hike and Balance Sheet Policies).  Currently, MBS are Unchanged from Friday's Close and Yields have risen to 2.67%.

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