Thursday, March 14, 2019

Daily Market Report 3/14/19  Initial Jobless Claims rose 6k from last week's number to 229k.  New Home Sales came in at 607k annualized units for the month of January.  Stocks are in Negative Territory on Geo-Political News, as more disappointing industrial output data comes out of China.  Also, there seems to be a delay in the US/China Trade Talks, which have Investors a bit nervous.  There is another Brexit vote today, which will be upon whether they delay the exit on the 29th or continue as on without a Trade Agreement with the EU.  MBS is Unchanged from yesterday, as Mortgage Rates remain the same.  Yields have come up to 2.62%.

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