Monday, September 16, 2019

Daily Market Report 9/16/19 The Empire State Index, which measures Manufacturing data in the NY region, dropped from 4.8 in August to 2.0 in September.  Manufacturing has been suffering a bit of late, and it's something that we're watching, as more and more talk about recession becomes more apparent.  The drone attack on Saudi Oil Processing Center has dropped the Stock Market into Negative Territory, as the money has flown to safety by investing into Bonds/MBS, which MBS is Up 25bps.  Yields have come down to 1.85%.

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