Today's Headlines - Realty Times
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We have talked about inflation and the fact you can’t fight the FED. More and more information show prices climbing, and the FED keeps buying and buying keeping rates low. They called it “transitory.” It was a supply chain issue and once everyone goes back to work, prices will return to “normal”. But today the FED had to acknowledge that indeed, inflation is real, and much hotter than they would like despite all their efforts. So, as it would be today, they admitted inflation is real but still clung to the “transitory” argument, at least for now. Prior to the FED announcement, the 30yr MBS 2.5% coupon stood at 103.38 and up .02 on the day. Right after the word came out, that coupon was down 44bps at 102.92; and we closed down 59bps at 102.77. The 10yr was also on the move; before the announcement it was down .01…
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Posted On Friday, 18 June 2021 10:32 Written by
Jac Arbour graduated from Bowdoin College in Brunswick, Maine, where he was initially tracked for a career in dentistry. By the end of his sophomore year, Jac understood that his true passion was firmly rooted in the financial industry. Jac followed this calling and soon became nationally recognized as a top investment and insurance advisor.  Jac qualified for the Million Dollar Round Table his first year in the industry and has done so each year since. Jac continues to win accolades for his acumen in financial planning, estate planning, fee-only investment advisory, insurance, and is now in demand as a professional speaker. CEO of Proceeds Press and the author of two books — May You Drink from the Saucer: Timeless Truths for an Extraordinary Life (Fall 2013) and This Little Piggy; The Tale of an Extraordinary Piggy Bank (2021), Jac makes numerous speaking appearances each year. His clients include high schools and…
Posted On Friday, 18 June 2021 00:00 Written by
Even before the National Football League established the Rooney Rule, the Pittsburgh Pirates (MLB) was hiring players from diverse backgrounds. In 1969 the Pirates employed a player from Panama named Renaldo Antonio Stennett Porte. His teammates called him Rennie.  He was born in Colon, Panama, played second base, stood about 5-foot-11 at 160 pounds. The NFL’s Rooney Rule was created from the influence of Dan Rooney, owner of the Steelers and chairman of NFL’s diversity committee. It was also the result of the firings of Tony Dungy, head coach of the Tampa Bay Buccaneers and Dennis Green of the Minnesota Vikings. The Rooney Rule’s purpose was to ensure that minority coaches, especially African Americans, would be considered for high-level coaching positions. It has been expanded to apply to jobs for all NFL senior football operations. Incidentally, both Dungy and Green worked for Steelers head coach Chuck Noll. Further, despite what some may think, Eugene Chung, New England’s 1st round draft choice in 1992, qualifies…
Posted On Friday, 18 June 2021 00:00 Written by
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