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Archive of entries posted on 19th November 2012

When in doubt, stay out. Wise old saying.

It’s easy to be gloomy. See all the stuff below. But this stuff will turn around on a dime and the market will come roaring back. Late last week the mortgage REITs — including NLY,  ARR, AGNC and TWO — came roaring back. The world had written them and their high yields off. My friends […]