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Wise Man

04/21/24 8:48 AM

#792405 RE: Wise Man #792401

BOOM. This image from JPM illustrates my point: the PLMBSs skyrocketed just after FnF were placed in Conservatorship.

Trough date is the date the PLMBSs hit the bottom. We see that in most of the different groups, it was 3 months after the day of Conservatorship. Other, one year later.
Later they skyrocketed (From trough date to the end of 2009, up to 30% higher)