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This Week’s Market Reflection: Inspired by Styx’s “Mr. Roboto”

This week’s musical inspiration is drawn from the 1983 Styx hit, “Mr. Roboto.” The iconic opening lyric— “Domo arigato, Mr. Roboto,” or “Thank you very much” in Japanese—serves as an ironic backdrop for interpreting recent policy commentary from Federal Reserve Chairman Jerome Powell and his colleagues.

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General

The “War” Is Showing Up in More Than Just Gas Prices

The war is no longer content to express itself at the gas pump. It has begun diffusing across asset classes with a speed and synchronicity that feels less like coincidence and more like a real-time demonstration of macroeconomic transmission under stress.

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The VA Loan Myth: Why Sellers Should Stop Overlooking Veteran Buyers…

For decades, investors, economists, and policymakers have relied on familiar inflation gauges such as the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) Price Index to help determine the direction of monetary policy.

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Keep On Knocking….But You Can’t Come In…

Last week, the bond market looked like it was knocking on Heaven’s door. This morning? That door appears to have installed a deadbolt, a chain lock, and possibly a security camera.

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Friday’s Employment Report: The Market’s Next Hurdle

For much of the recent conflict involving Iran, financial markets operated under a relatively comfortable assumption: geopolitical disruptions would be temporary, energy markets would stabilize, and inflation would remain contained.

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Changing the Ruler: Will Wall Street Buy the Fed’s New Inflation Math???

For decades, investors, economists, and policymakers have relied on familiar inflation gauges such as the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) Price Index to help determine the direction of monetary policy.

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Rates Hold Above 6.50% — And Washington’s Talking Points Won’t Change That

The 30-year fixed mortgage market continues to hover above the 6.50% mark for a second consecutive week, even as the 10-year Treasury drifted modestly below 4.50%.

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Washington Promised Lower Rates. Homebuyers Are Still Waiting.

If you’ve been waiting for mortgage rates to fall because those on Capitol Hill and the Federal Reserve have signaled potential rate cuts, you’re not alone.

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Falling in Love With Houses You Can’t Afford: A National Pastime

There’s a peculiar modern ritual in homebuying: you scroll listings, tour a few homes, imagine where the couch goes, maybe even name the future dog—then discover you can’t actually buy the place.

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Rates Return, The Holiday Gasoline Miracle and The Bigger Economic Picture

For the first time since January 2025, the average 30-year fixed mortgage rate has climbed back to 6.75%, according to Mortgage News Daily, with borrowers still paying roughly one-half to three-quarters of a discount point simply to obtain that rate.

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