Mortgage Purchase Applications Rise In Latest MBA Survey But Still Down -11% Since Same Week Last Year (MBS Convexity Rising As Rates Decline)

by confoundedinterest17 The slowing US economy has a silver lining: Treasury and mortgage rates are declining. And the is spurring faster mortgage prepayments. Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s …

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China: Consumer inflation quickens, industrial prices continue decline

#recession … #GFC2 China #Consumer edition https://t.co/LFlIfgMRwb pic.twitter.com/NkpL5pBgUd — Invariant Perspective (@InvariantPersp1) May 11, 2024 🇨🇳 #China Consumer #Inflation Rises, Factory Price Drop Continues – Bloomberghttps://t.co/V5KF35Tuil pic.twitter.com/7GT29WWWIZ — Christophe Barraud🛢🐳 (@C_Barraud) May 11, 2024 China’s consumer inflation quickened in April, …

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Tesla’s earnings miss and sales decline trigger stock concerns; Nancy Tengler says Tesla investors must ‘suspend logic’ and consider potential company pivots.

Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm. Despite Tesla's …

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California: the Decline of the American Dream

Los Angeles, where Hollywood and its glitter shine, attracts tourists from all over the world. But behind the glittering facade, it’s another image of the golden state. Homelessness, poverty, unemployment, California is far from the American dream.