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Paul Geske Headshot

Paul Geske

Loan Officer
Movement Mortgage
NMLS ID # 118286
10135 SE Sunnyside Rd. Ste 125, Clackamas, OR 97015
Dial Phone Number
p: (503) 706-2586
o: (503) 905-0048
Send E-mail to
e: paul.geske@movement.com

Market Update

Hart Senate Office Building

August 2, 2019

Fed’s rate cut countered by Trump

Additional tariffs on Chinese goods caused a rumble in the stock and bond market this week, just a day after the Federal Reserve announced a rate cut. Oil prices also took a tumble while long-term mortgage rates held steady. A breakdown of a busy week in this edition of Market Update.

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Paul Geske Headshot
Paul Geske
Loan Officer