Tuesday, April 9, 2019

Daily Market Report 4/9/19

http://MikesDailyMarketReport.com: The NFIB Small Business, which gauges the Small Business' Confidence, increased 0.1 in it's index, going from 101.7 to 101.8 in March.  Job Openings shrank in February, as they went from 7.6 million in January to 7.1 million.  Stocks are in Negative Territory, as the US threatened new Tariffs ($11 Billion) on EU products in retaliation to their subsidies to Airbus.  PM May is meeting with Chancellor Merkel and PM Macron regarding the possibility of a delay to Brexit.  The IMF has revised for the 3rd time this year a lower economic growth for world economy.  MBS is down 13bps, which Lenders will price Mortgage a little worse today.  Yields are around 2.50%.

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