06 Mar Economic Update as 3/2/2019

Economic Update as 3/2/2019

stocks up best start since 1987.

March 1 trade deadline with China on trade extended

GDP up 2.6%. Dow Jones Industrial Average closed 26,026.32 up 11.6% year to date. S&P 500 closed up .4% 2803.69 NASDAQ closed at 7,595.35 up .9% up 14.5% year to date.

Treasury bond yields up 10 year treasury bond up 2.76% from 2.65% last week. 30 year treasury bond 3.13% treasury bond yields as mortgage rates follow bond yields.

30 year mortgage rate lowest level in one year 30 year fixed 4.35% 15 year fixed 3.77% 5 year Arm 3.84%