ARCHIVED BLOG POSTS
2017
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Most recently when the air conditioning was not working on my modern Jaguar, I drove it up to Bethel to have it repaired. Since no-one was available pick me up, I had Charlie drop me off at the Bethel train station. To my surprise, this was not the quaint old where I had been in movie years ago...
09/14/2017
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Mortgage backed securities (MBS) were up 6 basis points today at 103.34 having come to rest 7 points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Midwe...
09/14/2017
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My Jaguar mechanic recently moved from Norwalk where he had been for over 45 years, to Bethel which is not nearly as accessible. If I am willing to spend and hour and a half getting there by train, I can go alone. Recently, however, I drove up and waited while he fixed something on my car. I h...
09/14/2017
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Mortgage backed securities (MBS) were down 3 basis points today at 103.31 having come to rest 10 points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Mi...
09/13/2017
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With no economic reports coming out today to influence traders, the better than expected outcome of Irma's attack on Florida kept stocks moving in a positive direction. In addition, pundits felt that the Fed is unlikely to raise rates this year. President Trump is likely to have an opportunity ...
09/12/2017
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Mortgage backed securities (MBS) were down 6 basis points today at 103.34 having come to rest 6 points below resistance offered by the 25 day moving average. The 30 year conforming was available at 3.875% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Mid...
09/12/2017
It is hard to believe that the destruction of the twin towers and the incidents at the Pentagon and in Pennsylvania occurred sixteen years. The senseless killing of thousands of people in the name of Allah is so cowardly and misdirected. It is mystifying to me that factions and splinter groups...
09/11/2017
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Mortgage backed securities (MBS) were down 25 basis points today at 103.56 having come to rest 8 points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.75% today. The 30 year jumbo was at 4.00%. Whether in New England, the Mid Atlantic or the Mid...
09/11/2017
I am certainly not a scientist. In the years I have lived, however, I have never seen such strange and extreme weather patterns as we have experienced in recent years. To have the devastation of Harvey followed by super storm Irma, who after devastating many island nations is poised to swallow ...
09/08/2017
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The US Open at the National Tennis Center in Flushing Meadows is always an amazing event. This year, however, it was a sensational event for American women. For the first time since 1981 four Americans made it not only to the quarterfinals but to the semifinals. Ranging in ages from Venus Will...
09/08/2017
