Spot silver is consolidating in the low $25.00s in Monday ahead of key risk events later in the week. Technically speaking, the precious metal’s technical
Cathie Wood made the first appearance in her Monday media tour when she took to CNBC at 3PM eastern to talk about the tech rout, which has crushed numerous ARK ETFs. ARKK was plumbing new lows when the conversation started with the woman who has captured the attention of Wall Street , as CNBC s Wilfred Frost introduced her.
About The Sell Off
When asked how concerned she was about the market, Wood did not attribute the tech pullback to rates rising. We ve been struck that the market never priced in 0.5%, 1% or 1.5% interest rates, she said. Over time markets have used a normalized 3% to 5%, and we don t think that s why the market is correcting.
The Conference Board Employment Trends Index™ (ETI) Increased in January
Uncertainty remains, but a stronger labor market recovery may occur by late spring
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NEW YORK, Feb. 8, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) increased in January, the ninth consecutive monthly increase since May of last year. The index now stands at 99.27, up from 98.55 (a downward revision) in December. The index is currently down 10.0 percent from a year ago. The Employment Trends Index has been increasing in recent months, with the largest contributing component being the number of jobs in the temporary help industry. Over the next few months, expect some uncertainty around job growth, especially if some potentially adverse COVID-19 developments manifest – namely, the rapid spread of more aggressive virus strains. On the upside, however, by spring we expect strong job growth to resume and continue throughout t
CRM, Ops, MLO Jobs; Pooling, Processing, Broker, Recruiting Products; Shift in CFPB Thinking? Rates Creeping Higher Feb 8 2021, 8:10AM
A Pennsylvania man is suing Smart Water for not making him smart, and here, in this Commentary, I’d like to formally announce my lawsuit against Thin Mints. Residential lenders are not only watching the 10-year yield hit a pandemic high, but are concerned about the legal and regulatory environment. Whether it is lawsuits or lending, the role of government, and regulators, is shifting. Anyone hoping for smaller government with this Administration was dealt a blow with the latest proposal to eliminate credit bureaus and have the government control (through the CFPB) the credit process. (I certainly received my share of emails over the weekend opposing this move, for a variety of reasons.) The Consumer Financial Protection Bureau and the National Credit Union Association (NCUA) signed a memorandum of understanding agreemen