12.24.15-Christmas Eve.
Everything is wrapped, seats reserved for midnight mass and about 8 people working on Wall Street today. Short day with very low volume in trading, rates held the same with some small gains this morning. Unemployment report was only item today came in 7k under estimate, next week unemployment numbers come out on a limited participation market day as well, New Years Eve. We actually have benefited from the Holiday's both being on Friday's this year and limited some of the patterns of worsening rates the day after better then expected unemployment numbers. As I mentioned in previous posts middle of the first week of the New Year will give us our January rate direction of better or worse.
I want to wish everyone a Very Merry Christmas and really enjoy this long weekend.
MERRY CHRISTMAS!
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