And thank God you will die with no progeny so the gene pool will improve after you are gone.
And will be grossly incorrect and revised multiple times. It is amazing any serious person pays any attention to it except too many fools do!
I would dispute the conclusion on WWI, for Europe it was definitely directed by the politics of the time and was well predicted in a number of circles. The shooting of the Archduke was merely an excuse for the carnage to follow. You could argue that the EXTENT of the war was a black swan, but the war itself was not.
You left out massive illegal immigration which is creating a large sub economy that is severely constraining employment and wage growth in the lower middle class, one of the largest .working groups in the economy
Check out what the WMC mean targets were in 2013 and tell me you trust those numbers again
You are truly #$%$ if you think this stock is going to trade at a premium to BV (NYMT it is not) and if you think a SA blog is what stopped WMC from going higher you are stupider than I thought you were. A hold reiteration by a major ratings group and the fact that the stock is horribly overbought on a technical basis is the reason for it. It will conitune to muddle in a 10% discount to BV range until such time as headline interest rate risk based on past fed statements are over (not happening) or dividend is raised on a sequential basis (grossly unlikely any time dsoon). Dream your silly dreams, I bought in the low 14s and sold out at 14.80, its a trading stock, not a long term hold until managemtn shows it can transition a difficult environment (hasn't yet, last 2 Q were easy environment). Get in when the market says to, get out when it says to! Marry a stoick and lose your shirt.
Technically it is not a reit, it is a note that promises to pay 2x the coupon rate of the payout on the Market Vectors® Global Mortgage REITs Index less fees. UBS is not required to hold the actual index but may, and probably does, but may also "own " by using options.
Well, the note is for only 30 years so you have 1 problem already :). And if UBS goes #$%$ up, all note holders are screwed.