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Macro Market Update

A distinctive and entertaining segment where Les Parker combines sharp market analysis with creative music parodies to deliver insights into economic and industry trends. Using clever lyrics set to popular tunes, Les breaks down complex topics like interest rates, bond market movements, and economic conditions in a way that’s both engaging and memorable. This unique blend of humor, creativity, and expertise makes TMSpotlight a listener favorite, offering mortgage professionals not just valuable insights but also a fresh perspective on the forces shaping the industry.

 

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01-22-24 It’s A “Love Story” If Buyers Say Yes!
22 Jan 2024
January 22, 2024
01-22-24 It’s A “Love Story” If Buyers Say Yes!
———————– Bonds got tired of waiting. Wondering if Jay was ever coming around. Did the Bond buyers buy on Friday?
01-15-24 “Don’t Let Me Be Misunderstood” Signs of Misunderstanding
15 Jan 2024
January 15, 2024
01-15-24 “Don’t Let Me Be Misunderstood” Signs of Misunderstanding
———————– China, does your deflation hurt now? Sometimes, rates feel a little glad. What inflation? Since the US PPI fell,
01-08-24 The Rate Trend is “Searching for It’s Baby”
08 Jan 2024
January 8, 2024
01-08-24 The Rate Trend is “Searching for It’s Baby”
———————– Bulls wonder, they wonder why Bonds had to go down this way The rate trend is down, but the 10-year
12.18.23 Mortgage Rates “Winds of Change” Give Renters Hope To Buy
18 Dec 2023
December 18, 2023
12.18.23 Mortgage Rates “Winds of Change” Give Renters Hope To Buy
———————– We follow the rate drop and down to Reno Mark Listening to the wind – of change. Mortgages reached our target
12-11-23 The World Says “You Spin Me Round”
11 Dec 2023
December 11, 2023
12-11-23 The World Says “You Spin Me Round”
———————– If Bonds get to know Joe’s game. Well, then rates will trace Jobs private number, downward. The world is upset at
12-04-23 Recent Indicators Suggest “A New Day Has Come”
04 Dec 2023
December 4, 2023
12-04-23 Recent Indicators Suggest “A New Day Has Come”
———————– We’ve been waiting for so long, For Fed tightening to stop. Since the new bull market began in early November, long-term
11-27-23 Uncertainty’s Pickett Fence of Obstacles “In the Midnight Hour”
27 Nov 2023
November 27, 2023
11-27-23 Uncertainty’s Pickett Fence of Obstacles “In the Midnight Hour”
———————– Notes gonna wait till the midnight hour. That’s when their yields come tumbling down Foreign markets and midnight meetings impact mortgage
11-20-23 “Do I Wanna Know?” If There’s Something on My Teeth
20 Nov 2023
November 20, 2023
11-20-23 “Do I Wanna Know?” If There’s Something on My Teeth
———————– Have you got color on your screens? Do you ever get that fear that you can’t shift your trade,
11-13-23 “Three Little Pigs” For Grown Ups!
20 Nov 2023
November 20, 2023
11-13-23 “Three Little Pigs” For Grown Ups!
———————– Little pig, inflation, let Fed in. Not by deflation; China sent, sent, sent. Well, Jay’s huffin’, He’s puffin’, He’ll blowing
11-06-23 “Doctor My Eyes” Can’t See Loan Volume Increases
09 Nov 2023
November 9, 2023
11-06-23 “Doctor My Eyes” Can’t See Loan Volume Increases
———————– Time, time, time.  See what’s become of BEARS.  While BULLS look around for their possibilities.The Less than Zero curve is
10-30-23 Whether Fed Tightens or Does Nothing, it will be a “Hazy Shade of Winter”
07 Nov 2023
November 7, 2023
10-30-23 Whether Fed Tightens or Does Nothing, it will be a
———————– Time, time, time.  See what’s become of BEARS.  While BULLS look around for their possibilities.The Less than Zero curve is
10-23-2023 Fed Tightening? “Baby, One More Time”
24 Oct 2023
October 24, 2023
10-23-2023 Fed Tightening? “Baby, One More Time”
———————– Oh bully bearishOh, bully, bearish, how were we supposed to knowThe bully bears had the Fed in its corner. but
10-16-2023 Rewind to “1979”
18 Oct 2023
October 18, 2023
10-16-2023 Rewind to “1979”
———————– Khomeini 1979.  Cruel Iran always has the time.Khomeini took power in 1979 from the Shah.  Instability in the Middle
10-09-2023 Will The Terrorist War Move Bears “Down Under?”
11 Oct 2023
October 11, 2023
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
10-02-2023 Speed and Curves Often Cause A “Crash”
11 Oct 2023
October 11, 2023
10-02-2023 Speed and Curves Often Cause A “Crash”
———————– Steepening goes too fast.  So MBS’ gonna Crash.Higher rates in the long end than the short end annoyed mortgages.  Prices
09-25-2023 “Nevermore” Timing is Everything
01 Oct 2023
October 1, 2023
09-25-2023 “Nevermore” Timing is Everything
———————– Listen to Fed’s freeze, whispers sell Bonds, please. Don’t send bears to the path of Nevermore. While Bonds nodded, nearly napping,
09-18-2023 Bonds are “Looking Through You”
01 Oct 2023
October 1, 2023
09-18-2023 Bonds are “Looking Through You”
———————– Fed’s not the same.Fed’s lips are moving.  Bonds cannot hear. Jay’s voice is hounding markets with one of these days markets
09-11-2023 Will There Be Crowing or “Dancing in the Moonlight”?
01 Oct 2023
October 1, 2023
09-11-2023 Will There Be Crowing or “Dancing in the Moonlight”?
———————– Every trader here is out of sight.  They will scalp, and they will bite.  They keep things loose, Fed keeps
09-04-2023 Decelerating US Economy, “War Pigs” Want Mayhem!
01 Oct 2023
October 1, 2023
09-04-2023 Decelerating US Economy, “War Pigs” Want Mayhem!
———————– Yield curve’s short end hides itself away.  Fed only started the war. Despite the bearish trend, the Fed is stuck with
08-28-2023 “I Saw The Sign” It Was High Tech
01 Oct 2023
October 1, 2023
08-28-2023 “I Saw The Sign” It Was High Tech
———————– Bonds saw The Sign, and it opened up their eyes.  They saw The Sign.  Bears are demanding without understanding.Another week
08-21-2023 “Rainy Day Women” Who is Getting Stoned Now?
24 Aug 2023
August 24, 2023
08-21-2023 “Rainy Day Women” Who is Getting Stoned Now?
———————– 08-21-2023 “Rainy Day Women” Who is Getting Stoned Now? Data stone you when you’re tryin’ to lock a loan.  Then data
08-14-2023 How’s Your Appetite? “Eat the Rich”
16 Aug 2023
August 16, 2023
08-14-2023 How’s Your Appetite? “Eat the Rich”
———————– Well, rates moved up last morningOn the wrong side of the tradeAnd now Bonds got to thinkin’About all those things
08-07-2023 “On Melancholy Hill” May Lower Mortgage Rates
10 Aug 2023
August 10, 2023
08-07-2023 “On Melancholy Hill” May Lower Mortgage Rates
———————– Up on Melancholy Hill, There’s a data tree.  Are they here for bears or bulls? The curve believes that the Fed’s
07-31-2023 “Yogi Bear” Oops Boo Boo
03 Aug 2023
August 3, 2023
07-31-2023 “Yogi Bear” Oops Boo Boo
———————– Chairman Powell is smarter than the average bear;Chairman Powell is always in the trader’s hair.At the Banker’s Table, you will