The fourth Quarter GDP came in lower than expected.

This weeks jobless claims came in higher that forcasted and last weeks report was revised showing an increase, resulting in a decline in Consumer Confidence.  Obama-care has resulted in an increase per employee, leading to a decline in full-time employment hiring.

The Chicago Index fell suggesting the economy is slowing a bit.

There will be a Treasury Auction at 1pm today for $28 Billion of 7yr. Notes.

Stock Markets will be closed tomorrow, but the bond and mortgage markets will trade.

The recent decrease in rates has been unexpected and all advice points towards taking action immediately while they remain at this level.

-Nancy Bierman