Daily Quote: Real integrity is doing the right thing knowing that nobody's going to know whether you did it or not.
Fun Fact Of The Day: How fast should your heart be going? For adults 18 and older, a normal resting heart rate is between 60 and 100 beats per minute (bpm), depending on the person's physical condition. For children ages 6 to 15, the normal resting heart rate is between 70 and 100 bpm. Athletes and those in excellent physical condition can have resting heat rate of 40 bpm.
Reminiscing About The A-Team
There were 3 certainties in every A-Team episode:
The message of those episodes? Don’t let your fears slow you down, make sure you have a well-defined business plan, and when life gets in the way of your plans, stay focused, adapt and overcome. Who would have thought The A-Team carried such a cerebral message for us little folk to follow?!
It’s now mid-March, St. Patrick’s Day week, the start of March Madness, interest rates are lower, Spring is around the corner, we’ve gained an hour of much needed daylight, and our pipelines are as full as they were last summer. Life, for all intents and purposed, is meaningfully better now than just two short months ago. And like most things, it is well within your ability to extend this positive trend…at least as it pertains to your pipeline.
You’ve seen and read the message before but it’s well worth repeating. How are you tracking in your 2016 business plan? Has life gotten in the way and is it time to overcome obstacles? Do you need to be knocked out and brought to a place where you’ll do the most good? You can still light that cigar and the end of this year and claim victory (insert your own cliché catchphrase here) but it won’t happen unless you continue to relentless pursue your goals. Vince, Christine, Ryan, Matt, Tom, Jason, and Joey are here 100% to support your efforts but they can’t assist with business planning if you don’t contact them. We are all here to help.
No releases today but a busy week ahead of us. Treasury prices moved modestly higher overnight as disappointing data from China overshadowed firm data from Japan and Europe. Lower oil prices also helped create a fixed income bid as Iran announced plans to increase oil production. Today’s US economic calendar gets off to a slow start to a very busy week of activity. With nothing on the docket today, activity ramps up quickly tomorrow with the release of the Producer Price Index and Retail Sales. Wednesday brings the busiest day of the week with CPI, Housing Starts and Industrial Production in the morning followed by the FOMC Meeting Announcement in the afternoon. Activity slows a bit for the rest of the week with Thursday delivering the Philly Fed Business Outlook and the Weekly Jobless Claims. Currently, the 10yr yield is 1.963% (1.936% Friday) and the 2-10 spread is at 100 bps, 2 bps steeper since Friday morning.