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Yesterday I bought what I think will be my last position in small bankers–of course market action could tempt me to adding to current positions. In keeping with what I have been doing with my portfolios – and the small bankers in particular, I bought…

While it is strange to have a announced new issue late in the day we had one today as Eagle Point Income Company (EIC) announced they would be selling a new issue of term preferred stock. The preliminary prospectus can be found here. The issue will hav…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. I have added in some earnings reports from some smaller banks to get a ‘flavor’ of where they stand relative to commercial real estate…

Its already baked into the cake–one week from today–a 1/4% rate hike next week from the FOMC. I think we already knew that was the case – many of us feel the same way – the FED isn’t really happy that they have been unable to get common stocks to fal…

Last night I posted a number of earnings reports (in headlines of interest) from banks of various sizes and thus far the results have been solid—down from a year ago as net interest income have moved somewhat lower given the cost of deposits, but thi…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. News is very light at this time, but earnings season starts tomorrow with the community and regional banks reporting later in the month…

I added to my position of the RiverNorth Opportunities Fund 6% perpetual preferred (RIV-A) yesterday at $23.06–around a 6.50% current yield. This is likely my last buy of the CEF preferred as I have now moved to an overweight position. While the curre…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. News is very light at this time, but earnings season starts tomorrow with the community and regional banks reporting later in the month…

I’ve attached a thought provoking article from Barrons – you should be able to read this article without a subscription. The article explores inflation, consumer debt and the resiliency of the economy. Good food for thought. Americans Have Quietly Dele…

The S&P500 moved sharply higher last week closing at 4505 which was 107 points above the close from the previous Friday – about 2.4% higher. Honestly with the amount of liquidity that is out there it is pretty hard to keep equities lower. I suppose…

We have had the ‘big’ banks reporting their earnings, but the smaller players start reporting in a few days and it will be interesting to see how it plays out. These issues have preferreds and baby bonds outstanding. Here are some earning release dates…

Many of you have probably seen this and maybe it was posted someone in comments on this site as I know some folks follow ‘Wolf Street’. Anyway there is a fairly hard hitting piece on some of the lodging REITs that have walked away from properties recen…