Wednesday, April 17, 2019

Daily Market Report 4/17/19 Wholesale Inventories rose 0.2% in February.  Later today, the Fed's Beige Book will be released.  This will provide us with a more Micro view of our economy, broken down into regions.  Stocks are trading in Mixed Territory based on Mixed Corporate Earnings Reports released today.  Also, China reported it's Q1 economy maintained it's 6.4% YoY growth, same as it's Q4 results.  MBS is Up 3bps, so Mortgage Rates remain Unchanged, as this whole week has been moving in side ways pattern.  Yields have risen to 2.59%.

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