Home » Uncategories » Mortgage rates will need to drop

Mortgage rates will need to drop

And strange discrepancies on jobs report
 
   
     
______________________________________________________
Friday, September 6th


Are you ready to exploit this “glitch?” I’m excited to show you something that could change the way you trade forever.

Join the live broadcast at 2PM ET
______________________________________________________
"When I criticize a system, they think I criticize them—and that is of course because they accept the system and identify themselves with it."

- Thomas Merton
______________________________________________________
Markets Today
 
 
🌏 Asia-Pacific: Down
 
🇪🇺 Europe: Down

🇺🇸 United States: Down

🛢️ Oil: Down

⚡ Crypto: Down​​​​
______________________________________________________
Major Market Events 
 
 
• Mortgage rates will need to drop: 75% of homeowners have sub-5% mortgage (link)
 
• Jobs report solid: The ADP non-farm payrolls came in soft, but not too soft. (link)
 
• Market pricing in significant rate cuts: Could the Fed cut rates down to 4% by end of year? (link)
______________________________________________________
🤔 My Thoughts 
 
 
Somehow the U.S. has lost a million jobs over last year, but payroll report still show positive gains. What's the issue? Diving into the stats, we see that the majority of these gains come from government sector, and among immigrants. Native-born Americans are not getting jobs. Not only that, but job growth is still far below pre-pandemic trend.
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 
Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn

Subscribe to receive free email updates:

0 Response to "Mortgage rates will need to drop"

Post a Comment

Subscribe to: Post Comments (Atom)