Tuesday, December 24, 2019

Daily Market Report 12/24/19

http://MikesDailyMarketReport.com: No economic data to report today.  Markets will close early today for Christmas and return on Thursday, which we'll see the Weekly Jobless Claims.  From now until the end of the year, we may see some swings in the Markets, as we deal with skeleton crews.  Beijing reported that they will be removing tariffs on 850 US products at the beginning of the year.   We're looking forward to learning more about the agreement and it's signing next month.  There's been some talk about N Korea's promise of a Christmas Gift, if we don't meet their demands.  MBS is Unchanged from yesterday's close and Yields are down to 1.92%.  Mortgage Rates haven't changed from yesterday's pricing.  Have a very Merry Christmas!

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