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February 18, 2021
A top ranked economics and finance blog with a focus on the housing market
February 18, 2021
A top ranked economics and finance blog with a focus on the housing market
February 18, 2021
2/18/2021 02:12:00 PM Note1: Import traffic is so heavy - ships are backed up waiting to unload in LA. "some vessels are spending almost as much time at anchor as it takes to traverse the Pacific Ocean." Note2: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some of the traffic that used the ports of Los Angeles and Long Beach is probably going through the canal. This might be impacting TEUs on the West Coast. Container traffic gives us an idea about th...
February 18, 2021
A top ranked economics and finance blog with a focus on the housing market
February 18, 2021
A top ranked economics and finance blog with a focus on the housing market
February 17, 2021
A top ranked economics and finance blog with a focus on the housing market
February 17, 2021
A top ranked economics and finance blog with a focus on the housing market
February 17, 2021
A top ranked economics and finance blog with a focus on the housing market
February 17, 2021
2/16/2021 09:06:00 PM Recovery prospects, renewed focus on stimulus, inflation concerns, a brighter covid outlook, etc... All of these are reasons for an ongoing, gradual trend toward higher rates in 2021 (i.e. general bond market weakness) but none of them really explain why the bond market had its worst day in months today specifically. ... In outright terms, the average 30yr fixed rate is still under 3%, so the world (of low rates) is far from over. [30 year fixed 2.96%] emphasis added ...
February 17, 2021
A top ranked economics and finance blog with a focus on the housing market