Yellen is Back, Market Euphoria, MBS Follow Technicals
During her confirmation hearing Treasury Secretary Janet Yellen – previous Fed Chair who is supported by all living former Treasury secretaries – told congress it’s time to go big while rates are low. The head of both our fiscal policy (treasury secretary) and our monetary policy (federal reserve) are both quick to open their wallets […]
Shipping Delays, Rates Mellow, Market Euphoria?
Shipping delays, especially for smaller retails who use the more affordable USPS, are worse than ever this year as online retail volume increased nearly double the expected 20% increase. The retailer in this story experienced 20% of orders delayed up to 4 days (in addition to loss of packages) and had to eat the cost […]