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E1R - Appraisals

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  • Ultimately an Uneventful Week Despite Micro-Volatility June 21, 2024
    Ultimately an Uneventful Week Despite Micro-Volatility This morning featured an overnight rally driven by weakness in European PMI data and a logical sell-off following much stronger PMI data in the U.S.  Specifically, S&P Global's Services PMI rose to the highest level in more than 2 years.  This is some of the earliest available data for […]
  • June Shaping Up Nicely, But Bigger Tests Are Yet to Come June 21, 2024
    After a rocky start to the year, things began to improve for rates and the inflation outlook in May. June took the improvement to the next level, but this week didn't affect the bigger picture. Ahead of Wednesday's market closure for Juneteenth, the most relevant economic report was Retail Sales on Tuesday morning.  It came […]
  • AI Product; Capital Markets; Wholesale and Correspondent News; Appraisals are Junk Fees? June 21, 2024
    Don Henley’s “Boys of Summer” was a hit 40 years ago. (Yes, 40 years.) There are plenty of beaches in Hawai’i, but here in Honolulu at the MBAH conference, it’s all business. MBA Chair Mark Jones reminded the audience that President Biden “declared war” on what he called “junk fees.” Sure enough, soon after the […]

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