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MBS RECAP: Another Chance to Not Get Your Hopes Up

Posted To: MBS Commentary

Tiny pockets of gains have come and gone in the vast sea of red that’s dominated 2018 so far. Each pocket has attempted to lure optimists into a “bull trap.” In other words, originators want to be bullish on rates, so they’re more likely to take the best available opportunities to get bullish–especially if no such opportunities have presented themselves recently. Unfortunately, we’re in a pervasive uptrend in rates, and what look like tiny pockets of opportunity have actually been periodic consolidations that help the selling-spree catch its breath before rates continue higher. Is it the same story with the past 2 days of stability? In all likelihood. Granted, the bear case for bonds is i ncreasingly being priced-in , discussed, and understood among traders, but in this…(read more)

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Top WordPress Maintenance Plugins to Handle Planned Website Downtime Like a Pro

I’ve already discussed what causes unplanned downtime and what unplanned downtime might cost a business in a previous article. This post, on the other hand, looks at how you can tackle some planned downtime. Planned downtime may be due to…

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Tiger cards 1-over 72 at 1st round of Genesis Open

Tiger Woods endured an up-and-down first round at the Genesis Open on Thursday, finishing with a 1-over 72 at Riviera Country Club.

The positive? Five birdies. The negative? Four bogeys, and one double bogey.

However, he did show improvement off the tee compared to his performance at the Farmers Insurance Open, hitting 8 of 14 fairways. It was his approaches that led him to shoot over par, as he hit just 7 of 18 greens.

While it may take some time for Woods to round into form, one thing is already clear: He still battles.

Tiger will tee off at 3:02 p.m. ET Friday.

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Reason Richard Petty hired Bubba Wallace, NASCAR’s only black driver? That’s not it.

The questions come intermittently, sprinkled into a large group interview at Daytona International Speedway. But the central idea, like hot air and the truth, always rises. So Bubba, what’s it … Click to Continue »

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MBS RECAP: Deceptively Bad Day For Bonds

Posted To: MBS Commentary

At face value, today was great! Bonds overlooked all of the morning’s economic data (no surprise) and made modest gains that were subsequently held throughout the session. There was very little volatility. The ground-holding came despite gains in stocks. And multiple lenders repriced positively. Indeed, all of the above is “good!” The issue is that all of that ground-holding occurred in the thick of yesterday afternoon’s range and yesterday afternoon was the worst afternoon for bond market in more than 4 years! Even more disconcerting is the fact that yields ran into resistance today at a floor around 2.88% which was an important ceiling over the past two weeks. It was only meaningfully broken yesterday, so to return to the scene of that crime and use 2.88% as a floor is not…(read more)

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Tiger won't commit to playing back-to-back weeks

Whether Tiger Woods plays back-to-back tournaments depends on his back.

Right now, he simply can’t say one way or another.

“I think it would be a great sign if I do play (back to back),” Woods said Tuesday, according to ESPN’s Bob Harig. “I think it would be a smart sign if I didn’t play. How about that?”

Woods is in the field this week at the Genesis Open at Riviera. He’s coming off a 23rd-place finish at the Farmers Insurance Open late in January. And no matter how he fares, he’s approaching each and every week with caution.

His goal, he said, is to simply not have to deal with soreness, to play all-out after only three days’ rest. But he can only know that after playing in a tournament setting – it’s not a scenario he can simulate.

“I’d eventually like to win tournaments,” Woods said. “I’m trying to get through that process, go through that process, get to that point. I’m making small little subtle changes in my posture and my game and my swing because I’m starting to understand my body a little bit more with this back and that’s different than it used to be. … But also I don’t want to play too much. This is still all new to me and I just want to be real smart about it.”

Woods tees off Thursday at 10:22 a.m. ET with Rory McIlroy and Justin Thomas.

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Sure, Danica Patrick never won a NASCAR race or title. Here’s why she still matters.

The Daytona 500 was the race to which I volunteered to go. The biggest race of the season is the first race of the season. The weather is warmer and … Click to Continue »

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MBS RECAP: Bonds Have Had Better Days. Thanks a Lot, CPI…

Posted To: MBS Commentary

Old people who’ve been endlessly frustrated by the fact that no one seemed to be concerned about inflation for the past 6 or 7 years are finally having their day in the sun. Inflation has actually been back in vogue (or en vogue, if you’re pretentious) since at least May of last year. That’s when core annual CPI mysteriously began falling from its perch above 2%. It would then spend several months languishing around 1.5% before revisions. Even after revisions, Core CPI was stuck at roughly 1.7% until the November 15th report. Month-over-month Core CPI only made it up to 0.3% for the first time in a long time last month. Today’s report was important because it confirmed last month’s move up to 0.3% and it once again pushed the annual number up to 1.8%. All of the above builds…(read more)

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20 Best Responsive Community Website Templates 2018

Create an audience of like-minded people and grow your page above and beyond with the best community website templates. Having a solid online community is crucial if you want to have a flourishing project of any kind. Let it be…

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Woods, McIlroy, Thomas headline star-studded groupings at Genesis Open

Many of the big names will make their way around the Riviera Country Club course together at the Genesis Open on Thursday.

Tiger Woods, Rory McIlroy, and Justin Thomas will tee off at 10:22 a.m. ET, followed by several other star-studded groups.

10:22 a.m ET

Golfer
Tiger Woods
Rory McIlroy
Justin Thomas

10:32 a.m. ET

Golfer
Phil Mickelson
Matt Kuchar
Tommy Fleetwood

3:02 p.m. ET

Golfer
Jordan Spieth
Patrick Cantlay
Kevin Chappell

3:12 p.m. ET

Golfer
Dustin Johnson
Adam Scott
Bubba Watson

Other notable tee times Thursday (all ET) include Charley Hoffman at 10:32 a.m., Brendan Steele at 10:43 a.m., Jim Furyk at 3:23 p.m., and Daniel Berger at 3:33 p.m.

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