Today’s podcast, done last Friday, goes over the recent jobs report and how the bond market reacted with lower yields even though the jobs report was good. Of course, many things happened over the weekend, and the real question now is, did the Fed finally break something with their aggressive rate hikes?
https://www.housingwire.com/podcast/logan-mohtashami-did-the-fed-rate-hikes-break-silicon-valley-bank/
Every Monday for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW plus to have access to the tracker, please use my LoganVIP20 code.
https://www.housingwire.com/articles/housing-market-tracker-mortgage-rates-fall-after-svb-failure/
I also wrote about the jobs report last Friday, which I tied to all my economic recovery models with the labor market post Covid19. My record on the labor market speaks for itself. Remember, to understand someone’s economic take; you must understand their model first. Hence, the labor market recovery looks about right to me, with my talking points going back to America is back recovery model written on April 7th, 2020.
https://www.housingwire.com/articles/why-mortgage-rates-fell-with-a-stronger-jobs-report/
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else