China fears in the news!!

A slowdown of the superhot Chinese economy is the new fear of the day, and that is hurting Stocks and helping Bonds push higher.

Also helping to lift the Bond markets today was a tame inflation reading from the Core Personal Consumption Expenditure for August while year-over-year inflation was within the Fed’s comfort zone. We must be mindful of how quickly sentiment can change. We have seen the sentiment on the economy go from pessimistic, to optimistic back to pessimistic all within a week.

So glad its Friday, Rates remain at historic lows.

Real Estate Broker, CA Dept of Real Estate License #01370741 & NMLS#2527

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