GLTY. IMO, ARR won't fall THAT low. But good for you if it does, I might be tempted just to grab some flippers, held ARR long enough for first in, first out LONG protection from the 35% taxation I'm looking at again this year. (or has it moved higher now?, end of 35% income tax rate?) Eventually, people will realize Bennie will keep buying, despite his statements on Wednesday that started this spiral on the market overall, not just on mREITs like ARR. At least the way they have to distribute dividends keeps them from forward looking slashes in the payout, like blue chips would do.
Ever since Ben Bernanke took office, the U.S. economy has completely sucked. The U.S. economy is in the midst of its 8th straight year where annual growth has been (or will be) below 3%. That's the longest low-growth streak in the last 84 years. With Bernanke's legacy on the line, there's NO chance he'll start "slowing the pace of [asset] purchases" until economic growth climbs out of its current gutter. IMO, that doesn't have a chance in hell to happen "by the end of this year" at all.