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Friday, January 2, 2015

Morning Report - Box scores for 2014

Vital Statistics:

Last Change Percent
S&P Futures  2063.0 10.6 0.52%
Eurostoxx Index 3143.4 -3.0 -0.10%
Oil (WTI) 52.54 -0.7 -1.37%
LIBOR 0.256 0.000 0.16%
US Dollar Index (DXY) 90.88 0.604 0.67%
10 Year Govt Bond Yield 2.18% 0.01%
Current Coupon Ginnie Mae TBA 105.1 0.2
Current Coupon Fannie Mae TBA 104.3 -0.1
BankRate 30 Year Fixed Rate Mortgage 3.99

Markets are higher on no real news. Bonds and MBS are flat.

Box scores for 2014:

12/31/2014 12/31/2014       Change
S&P 500 1848 2059 11.42%
US 10 year yield 3.03% 2.17% -0.86%
Crude Oil $98.54 $52.37 -46.85%
US Dollar Index 80.035 90.269 12.79%
Case-Shiller 165.9 173.4 4.52%
30 year fixed rate mortgage 4.54% 3.99% -0.55%
Federal Reserve Bank Total Assets ($ trillions) 4.03 4.49 11.41%
Clearly the biggest surprise of the year was the drop in interest rates and oil. 

Pending Home Sales ticked up .8% in November, according to NAR. They are up 1.7% year over year. 

The ISM Manufacturing Index fell from 58.7 to 55.5 in December, while prices paid fell from 44.5 to 38.5. 

Construction Spending fell .3% in November. 

Happy New Year to all, and may the Fed stick the landing.


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