When the fed did QE it was bad now it's stopping QE that's bad too ? Makes no sense REITS are just fine will increases BV and Div soon enough
Although QE was "bad for mREITS", share prices didn't crater, right? Price is all that counts, media hype will steer you right into the ditch nearly every time.
Unless you have levered your existing MBS, as collateral to buy more MBS...
and now ALL of your MBS are worth a lot less, than when you bought them,
and now your bank is calling you about your margin requirements..........
and now you are thinking you have to sell some of your MBS today and
take big loses.......to maintain your margin requirements. Your just booked
unless you've been living under a rock for the last 5 years, EVERYONE knows that QE is the only thing holding the markets up.
You're FOS, QE is the bait media hypsters are slinging.
Ok then so if the markets are so bad interest rates will stay low DAH!!!!! So NLY should go up ..... And even if rates go up NLY makes more money on spreads so no biggie . This does not deserve a 40% cut to SP .... I see NLY at 15 ASAP.