Charts of the Week
Mortgage Origination by Credit Score
August 16, 2024
Mortgage originations remain well off the peak set in 2021.
Mortgage originations remain well off the peak set in 2021.
Some interesting charts from our recent posts
Today's topics include Timiraos says labor data will decide size of September cut, where is the terminal rate?, Fed officials turn focus to labor mandate, more on yesterday's CPI release, housing market improving for renters, Buffett & value investing, and more issues for shipping industry
July's inflation data came in right at expectations. Supercore inflation, a measure closely watched by the Fed, fell for the third month in a row. Nothing from this morning's release did much to change traders' thinking about future Fed cuts, which makes sense considering the BLS will release one more CPI report before the next FOMC meeting.
Today's topics include markets are looking at the Fed not the election, S&P 500's concentration on AI-driven profitability, momentum investing, value investing, odds of recession said to have risen, Bostic says not there on inflation just yet, no signs of fear in the credit market just yet, betting on a resurgence in big tech, more on China's economic woes, millennial wealth, and port of LA shipping traffic sees record volume
Today's topics include previewing tomorrow's CPI report, the Fed's reverse repo facility, how long will volatility last?, replacing data dependency with "common sense", the odds of recession, seeking safety in bonds, and buying index castoffs
Jim Bianco is looking for a "sense of stability" in the market ahead of this week's key inflation data. And, following last week's volatile market swings, Bianco weighs in on the state of the yen-carry trade.
We are nearing the end of Q2 2024 earnings season. Overall growth in Q2 has increased, even as high-profile companies missed projections.
Today's topics include a financially-driven problem vs. an economically-driven problem, the correlation between stocks & bonds, timing the rate cuts, buy-the-dip or sell-the-rip?, implications of the yen carry trade unwind, have traders overreacted to recent economic data?, still feeling the pinch of inflation, and housing affordability