Any thoughts? There doesn't appear to be any bad news today on this mREIT....
Repeat after me: 10yr interest rates down, IVR down; 10 yr interest rates up, IVR up.The overall market has been on a tear and we are due for a correction. Lots of stocks are down today.
>> The overall market has been on a tear and we are due for a correction <<Don't be so sure about that.The ECB is going to offer more 3-year cheap money (600 billion this time, I think); QE euro-style. Bernanke said that the "Fed is doing everything in its power to prevent an economic slowdown in the U.S."Furthermore, statistics are in our favor: Strong January and a presidental election year:http://www.forbes.com/sites/advisor/2012/02/02/strong-january-strong-2012/
Mark Thank you for your informative posts. You have a very goodfeel for the pulse of this company. I hope you will keep upwith your timely information and insights.