Morning Report – Box Scores for 2014 1/2/15

Posted on January 2, 2015 by Brent Nyitray
Markets are higher on no real news. Bonds and MBS are flat.
Box scores for 2014:
12/31/2014 12/31/2014       Change
S&P 500 1848 2059 11.42%
US 10 year yield 3.03% 2.17% -0.86%
Crude Oil $98.54 $52.37 -46.85%
US Dollar Index 80.035 90.269 12.79%
Case-Shiller 165.9 173.4 4.52%
30 year fixed rate mortgage 4.54% 3.99% -0.55%
Federal Reserve Bank Total Assets ($ trillions) 4.03 4.49 11.41%
Clearly the biggest surprise of the year was the drop in interest rates and oil.
Pending Home Sales ticked up .8% in November, according to NAR. They are up 1.7% year over year.
The ISM Manufacturing Index fell from 58.7 to 55.5 in December, while prices paid fell from 44.5 to 38.5.
Construction Spending fell .3% in November.
Happy New Year to all, and may the Fed stick the landing.

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