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santafe2

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santafe2

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Re: dexprs post# 106649

Thursday, 07/06/2023 2:03:53 PM

Thursday, July 06, 2023 2:03:53 PM

Post# of 110738
I think so as well. Added 5% to all 12 sets of preferred shares this morning when the markets freaked out about the June jobs report; 497,000 new jobs. That's way more than double expectations. The Fed is meeting later this month and this may be the excuse they need for another 25bp bump up in overnight rates. I'll keep adding if/as rates move up.

Rule #1, Don't lose money. Rule #2, read rule #1. - WB.

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