Derek Zoolander? Inflation Roaring, Fed’s Harker Worries About Inflation … In Private Golf Club Membership Fees (As Q1 Real GDP Sinks To Less Than 1%)

by confoundedinterest17 Inflation is roaring along caused by government spending and energy policies, hurting the American middle class and lower-income groups. Now we see the US Treasury 10Y-2Y flattening towards zero and the10Y-5Y curve slipping deeper into inversion as Q1 …

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Prepayment Worries Ease With Drop In Refi Applications (Have Mortgage Applications Run Out Of Gas?)

by confoundedinterest17 (Bloomberg) — Fewer homeowners are looking to refinance and mortgage securities investors are likely to benefit. The Mortgage Bankers Association refinance applications index dropped 7.2% in the latest report, its largest weekly decrease in three months. Looking ahead to next week’s prepayment speed report for May, …

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PG&E shares plunge on bankruptcy worries

https://www.youtube.com/watch?v=d4X3U3dXn5M Jan. 7, 2019– Mary Greeley News – (Reuters) – Chalk it up to years of corporate disconnection from reality, but Pacific Gas & Electric (PG&E) is reportedly now facing bankruptcy after being suspected a culprit of the last devastating …

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