Even though we had gains overall today in our accounts as we got some bounce in some of the term preferreds overall preferreds were off another 15 cents (on average).
It will be good to have a day off tomorrow–let some of the rhetoric settle down. While we do not want to get into political discussions on this website I think most of us can agree that the stupid commentary coming out of Washington is of no help at all. The ‘beatings’ will continue until this stuff resolves.
We want to wish everyone a Merry Christmas and/or happy holiday. We always have our 16 kids/grand kids over on Christmas eve so am battening down the hatches a bit. For us this is the time for the stuff that is important–family. The poor stock markets will be put aside for the next 40 hours.