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Scotttrader80

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Scotttrader80

Re: leftovers post# 397

Monday, 02/05/2018 2:49:07 PM

Monday, February 05, 2018 2:49:07 PM

Post# of 1388
Last year the FED said they were going to raise rates by 1% point broken down over each quarter. They raised rates by .50% then said in September they would suspend the next 2 raises until 2018, Now that its 2018 they want to raise rates another 1% on top of the .50% they already raised. This constant inconsitency has the market in a lull just waiting for the next shoe to drop. All RMBS will be affected. There will be more pain in the mREIT market as mortgages and loans get bumped up.

These guys are a menace to society.

The stock market is a device for transferring MONEY from the impatient to the patient......Warren Buffett

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