Monday AM
Factory Orders came in at -4.5% (ugly). Our market is off -.15 and bonds are off -.30. Our market has been beaten up in the the last week as rates go higher. Be ready for more and watch out for Inflation . No more big news until Thursday with Intial Claims and the Trade Balance ( which is terrible and expected to be about -65 Billion!) .


MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.
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