10-09-2023 Will The Terrorist War Move Bears “Down Under?”

10-09-2023 Will The Terrorist War Move Bears “Down Under?”

----------------------- Traveling in a fried-out Bear Trend
On a steeper trail makes bears like zombiesBiden enables Iran to make billions on Oil by not enforcing sanctions, which fuels inflation in the US and finances acts of hate towards Israel.  Will the newest Terrorist War spark flight to liquidity or impatience to wait for more relevant economic data?Before the horrific news over the weekend, the 10 yr yield remained trapped between 4.70 and 4.90.  A break above 4.90 signals a move over 5.10, while a move below 4.70 suggests a move under 4.50.Can't you hear, can't you hear bull thunder?Bears better run.  You better take cover, NOW."----------------------------------
Song: Down Under (1981) Men At Workhttps://www.youtube.com/watch?v=XfR9iY5y94s
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Les Parker, CMB

Former senior vice president of a national technology and service company.

Les Parker Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities. Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content,  Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.