Now Nick, really Nick, you used twenty six question marks in your post. Now don't you think fourteen would have been enough?
Sleepy sleepy in English Class little soldier!
The two worst expansions of the U.S. government in history occurred in 1913:
The creation of the Federal Reserve and implementation of the income tax.
If you do own any AGNC stock then do us all a favor and sell it all. Otherwise, please, please, please, #$%$.
Nick is simply an annoying gadfly. If only someone produced a swatter large enough, I would swat him....and you too for that matter, after posting such an insightful observation. ...buzzzz
But isn't it true that the Fed only raised rates 1 time ?
How could agnc plummet, starting 2 years ago, with only 1 rate hike ?
We've had low rates for a decade, and look where we are.
If its true that raising rates will kill us, then why doesn't this go over 20 every time there is a bad economic report.
Anyway, I think the fed governors who said that 4 rate hikes a year are gradual hikes, are not being honest, since yes, it would be about a 1% total rate hike, but no, its not gradual when you quadruple rates in 1 year.
I'm sick and tired of the fed manipulating the market.
The fed should be responding to the market, not controlling it.
Perhaps the most scary thing is that the fed is now apparently reviewing all major coporate buyouts like wmb being bought by ete, and emc being bought by dell, and tyco merging with johnson controls.
I submit that this isn't what the fed is for.
Its not to micromanage every deal.
Its supposed to regulate the supply of money. THATS ALL.
It hasn't shown it can even do that.
And tommorrow we'll hear the bg mouth of another fed governor.
If I were the SEC, I'd call in the Fed Governors and ask them to stop manipulating the markets.
In his letter, Klarman, like many fund managers who look at market internals and recognize the odd correlations and fragile underpinnings, isn’t happy when he sees overt manipulation regardless of the source. This manipulation has led to a moral hazard of sorts:
We have long believed that the choice to manipulate interest rates to near zero would not be without its consequences; indeed, these are now becoming more apparent. Under quantitative easing (QE), the Fed has purchased an unprecedented 61% of all Treasurys issued while nearly quintupling the size of its balance sheet, raising a legitimate question about the artificiality of today’s bond prices. Compounding the problem, near-zero rates have driven a worldwide hunt for yield, and many have found it, or thought they had, in junk bonds, the MLP space, and alternative investments.
This is the problem in today’s market environment, Klarman notes, one that is “leading to lower lending standards, eroding credit quality, diminishing returns, and excessive risk taking.” Such issues, if they remain un-addressed, will come back to bit the markets in the future.
Klarman the risk manager is noting excessive risk taking in the market as a result of quantitative easing.
Dr. Klump - "Always stay in touch with the TRUTH, always know when you are high". If you don't you could do some serious damage to you wealth.
I've posted since then. I am stalking DRIP, letting the "Buy the Dip Boys" do their thing like in Nov. - Dec. oil rally. I got in at low 50's, that is a key area you want to load up, but wait for my call on this. Inventories are rising, usage is dropping, China is slowing, ...........i.e..........OIL IS GOING LOWER.
We are in a descending contango triangle......just like the mortgage REIT's for the past 2 years. Sharp rallies on lower volume higher after very high volume sell-offs. Play the descending triangles, the buy the dip and slope of hope is your only friends here, if you want to make safe profits with not exposure to your principle.
DRIP dropped like this before all the way down to 50, it is an ULTRA SHORT like TBT.
It has been over a week now, without a post. With DRIP acting like a Chinese water torture, and his beloved TBT getting crushed, I hope he has not harmed himself (or others for that matter). Then to add insult to injury, the BOJ launched Pearl Harbor style attck on him from abroad. It must be very disturbing when your whole life revolves around math...the numbers simply do not add up.
Jlaugh... you so smart....Mr Kain sooo smart. U R Long & WRONG...both mother and I are disappointed,,,after all we had such high hopes for you.
How much of your hard-earned money have YOU lost on American Crapital Agency?
Sentiment: Strong Sell
I knew what I wanted to do three years ago, two years ago, a year ago, six months ago, 3 months ago, 2 months ago, 1 month ago, 3 weeks ago, 2 weeks ago, 1 week ago, 2 days ago, last night, this morning..............I am shorting DECLINE RELATED stocks, I am shorting Mortgage REIT's on any happy time rallies, I am shorting Oil related stocks a.k.a. DRIP, on every rally and happy-talk rallies, IT IS JUST PLAIN SIMPLE MIDWESTERN COMMON SENSE.
I HAVE ALWAYS BEEN NEGATIVE ON M-REITS since April of 2013 or when AGNC went over $30, I started to sell on rallies for short term gains, AND THERE HAS BEEN A BOUNTIFUL DISPLAY OF SUCCULENT GAINS OVER THE PAST THREE YEARS. Shorting mortgage REIT's has provided my family a table of plenty, new cars every year, trips to Florida 3-4 per year, Gourmet Restaurants for breakfast lunch and dinner, this has been one of the most plentiful times in my life, I have never been so economically happy, I am in a happiness stock bubble.
Wouldve, Couldve, Shouldve, You dont own one share of this great co. Just a penny basher.You Are.
Sentiment: Strong Buy
You need to go, Not Gary, He does a great job and knows his businees unlike you, Its easy to sit behind your pc and #$%$ when you dont know what is going on behind the scenes, who would pay attention to anything that you say? Moron
Sentiment: Strong Buy