Thursday, February 18, 2021

Notes Today:

  • Murmurs of inflation are ongoing. However, the Fed still sees the risk of inflation to the downside; they think a rate that’s too low is more likely than one that’s too high.

  • Aren’t January 6th insurrectionists on the no-fly list? But, but, it's all my kid's fault!

  • A 2011 Texas investigation after similar cold weather-related disruptions proved the need to harden energy infrastructure against freezing temps. Texas never did anything about it...
  • No Abbott, it’s not the windmills – it’s you and your republicans. 
  • U.S. initial jobless claims rose to 861,000 last week, up 13,000 from an upwardly revised 848,000 in the prior week. Continuing claims declined by 64,000 to 4.49 million.
  • The average Mortgage Rate in U.S for a 30-year fixed loan was 2.81%, up from 2.73% last week and the highest since November,
  • Texas has halted sales of natural gas outside the state. Could be a problem with the Constitution's Commerce Clause.

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