Just hang in there... When folks realize interest rates will not sky rocket (12 million + unemployed folks) this economy will never see the kind of growth pre 2007 for a long, long time. The current administration will have had 8 years of damaging our economy and it will take a long time to fix the mess we are in..
Too many regulations have strangled any chance of a meaningful recovery. Just hope enough Doctors opt out of Obamacare as that would kill that half baked idea.
I agree about this being a good one for years.. I have no guess as to what will be dropped down or why it's taken so long.
Midstream business is doing very well for PSX so just getting anxious for the next step for PSXP.. GL
This is the best of the Mreits (if you expect the 10 year to be 3.5 by this time next year). Friday's jobs number will further drive rates higher.. assuming a strong number. So tapering cannot be that far away..
My guess is (and its just a guess.. I agree.. too much cannot be determined) divi is cut to $0.30 and earnings for all of 2014 will be $1.25..
IMO..it will not be an immediate up trend but at the very least the price stabilizes while one collects the divis.. This could easily be back to $12 once the tapering starts which is a positive for the Mreits..Have a good one..
Now is the time to start/add NLY.. They have reduced leverage considerably the last 6 months and are positioned for higher rates. Next year should be a flat year, so while you wait for the transition to higher rates to complete.. enjoy the divis..