Stay on Target | Equity Prime Mortgage

Stay on Target

No good, I can’t maneuver. Stay on Target, We’re too close. Stay on target. Loosen up.

Boy you have to love Gold 5’s determination. Sort of like David, Leo and the home office team in our final run to a new record last week. Pretty sure we made the Kessel Run in 11 parsecs. Sorry Han. : (

May the 4th be with you.

So ADP has now passed and the Emperor’s plans to suppress the rebellion’s charge towards lower rates is weakening. ADP just hit @ 156k and much lower than expected, with lower revisions. Our fate now lies in the hands of the dark forces behind NFP. Many Bothans have died to bring us those numbers. I remember when days like these were a bit easier. Like bulls-eyeing womp rats in my T-16 back home. Sure the numbers mattered, but it wasn’t like we hung on every word and every decimal. I miss those simpler days, when all we had to do was go to the Tosche Station to pick up power converters or head down to Mos Eisley to pick up a new ride. But alas, our destiny lies along a different path than the FOMC has foreseen. You see, many of the truths we cling to depend greatly on a certain point of view. When the Fed believed rates would need to be tightened, we saw the reality of the numbers. When the pundits talked about how the economy was heating up, we searched our feelings and didn’t give in to the power of the dark side. Perhaps it was a trap? Yet now there’s a New Hope. A sense that rates will indeed be #lowerforlonger. Poor Mark Zandi; I find your lack of faith disturbing. Your eyes can deceive you, don’t trust them.

Now witness the power of this fully operational battle station. As we make the jump to light speed towards another record! Everything is proceeding as I have foreseen.

May the 4th be with you, always.

Oh, someone please make sure TK421 is at his post.

Philip N. Mancuso, Chief Investment Officer

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