Nightmare on Rate Street It’s been hard to escape the headlines about mortgage rates hitting 8%, and even harder to escape conversations about the housing market, regardless of whether or not you’re actively looking to […]

Put Me In, Coach Everybody loves an underdog, right? Or that player who sat the bench all season, who comes in during the playoffs, and has the game of their life? I know I do. […]

Wicked Witch of the Spread Oh my. Long-term Treasurys have had a rough autumn so far — the 10-year yield has risen roughly 70 basis points since the end of August and an ETF representing […]

Paper Cuts The most recent peak in the S&P 500 occurred on July 31 at a closing level of 4,588. The index has fallen roughly 7% since then. This pullback has been orderly and perhaps […]

Can’t Hurry Doves Before this Fed meeting, the market had priced in a zero percent chance of an interest rate hike in September, and the market was right, rates remained unchanged. This was also one […]