I will be adding a new link titled “Sandbox” in the right hand menu.
That link will get you to this page.
I had originally set up the “Reader Initiated Alert” page for ‘alerts’. I was thinking this, for instance, might be when a preferred stock is undergoing a temporary selloff and someone wants to let the population know about it quickly. Of course we all (including me) use the ‘alert’ page for general messaging.
I am requesting that we start using the Sandbox page for all general talk, and try to preserve the ‘alerts’ page for ‘alerts’.
I have had a screen up on one of my monitors all week where I see all comments – no matter where they are posted–it is a great page and I wish everyone had a page like that–believe me we all benefit from all the knowledge being shared. I don’t want to stifle any of the exchange of knowledge, but hope to get things a bit better organized by adding the Sandbox page.
These are my armchair opinions.
FOMC meets on Wed. Is the Fed concerned about liquidity issues affecting various rates they monitor/set? If so, we might expect a policy response, including the possibility of a rate cut soon or the possibility of ending QT for treasuries (but not MBS) sooner than expected.
If there is no policy change on Wed., I think we see a negative reaction in markets. Companies that lend as a business or borrow short-term need rate relief. I don’t know how helpful cutting the FFR is in this regard.
Pro-liquidity:
Fed ends QT, meaning it will buy treasuries to keep its stock steady, not shrinking
Treasury emphasizes bill issuance
Debt ceiling hit forcing Treasury to spend from the TGA
NLY Common Divi increased to .70c from .65c
FWIW
Recent purchases
CIMN @ $24.98
ARGD @ $21.52
DYODD
Gumfighter, Thanks for the posting, but Bermuda domiciled and Brookfield and insurance I would do some more research.
good comment.. argd/vclt pair trading near fair value (1yr horizon) was 2 sigma rich in january and 2 sigma cheap in september ..i like the structure (fixed maturity) and ytm of near 8%