Friday, October 4, 2013

The Mortgage Update 10/4/2013

It appears the markets are more interested in the Employment Situation Report than the government shutdown. Too bad, the Employment Report will not be released today, due to the shutdown. That put more emphasis on ISM Data that had both stocks and bonds moving lower. In the afternoon the Dow broke through a technical trading level, below 1500 causing investors to run to the bond market. What will happen today is anyone’s guess…





No comments:

Post a Comment