Only see it on Reuters right now. WHATS IT ALL MEAN? Everyone going to flip out?
Our boy Ben says the "extended period" of near-zero rates is going to last at least two more years. Any reason to not pile in with NLY and the like? I saw them get spooked a couple days ago but they recovered quickly. I'd gladly take two years of 15%.
Last night around 1 a.m. the police chopper, or "Ghetto Bird" as it is widely known in my city, began circling the neighborhood with its constant whining dreadful death drone. [more]