Forecast for the Week
- Economic data doesn’t kick off until Thursday with weekly Initial Jobless Claims.
- On Friday, Retail Sales and the Consumer Sentiment Index will be released.
Remember: Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve. In contrast, strong economic news normally has the opposite result. The chart below shows Mortgage Backed Securities (MBS), which are the type of Bond on which home loan rates are based.
When you see these Bond prices moving higher, it means home loan rates are improving. When Bond prices are moving lower, home loan rates are getting worse.
To go one step further, a red “candle” means that MBS worsened during the day, while a green “candle” means MBS improved during the day. Depending on how dramatic the changes are on any given day, this can cause rate changes throughout the day, as well as on the rate sheets we start with each morning.
Chart: Fannie Mae 3.5% Mortgage Bond (Friday February 5, 2016)
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5 Apps for Remote Work
Whether you’re out on the road, working in a home office, or collaborating remotely with business partners or vendors, you’re going to need apps. The web-based solutions listed below will help make collaborating and communicating easy, efficient and enjoyable. Here are five top picks:
Slack helps you exchange cumbersome email threads for real time, team-based communications. Slack saves every remark in a conversation thread (including attachments like documents or other media) for later reference.
Trello is a project management solution based on a system of cards and project boards, similar to a real-life corkboard with index cards. Each card allows you to attach links or documents and contains individual message threads to keep things tidy.
Meldium manages passwords for teams, giving system or document access to team members without direct sharing of any passwords, closing a huge security gap when dealing with sensitive information.
Docady converts any camera-equipped device into a document scanner, then organizes those scans into a searchable database that’s encrypted to military-grade standards, keeping all your important files in a secure digital space.
Box is a file sharing and collaboration tool that supports many file types, including Office Online for editing Word, Excel and PowerPoint files simultaneously with remote team members.
Don’t see what you need here? Check out 27 more apps that can help you be more effective when working remote.
Please feel free to pass these helpful tips along to your team, clients and colleagues.
Source: Inc.
Economic Calendar for the Week of February 8 – February 12
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
Thu. February 11 |
08:30
|
Jobless Claims (Initial) |
2/06
|
NA
|
NA
|
Moderate
|
|
Fri. February 12 |
08:30
|
Retail Sales |
Jan
|
NA
|
-0.1%
|
HIGH
|
|
Fri. February 12 |
08:30
|
Retail Sales ex-auto |
Jan
|
NA
|
-0.1%
|
HIGH
|
|
Fri. February 12 |
10:00
|
Consumer Sentiment Index (UoM) |
Feb
|
NA
|
93.3
|
Moderate
|
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