Tuesday, March 11, 2014

Fannie Mae

Watch this story over the coming months.

Congress is looking for way to do away with the Federal Mortgage guarantees.

This can not be a plus for real estate.

How much of bank collateral is still  in Real Estate?

Banks weak today as well as the general markets.

Fannie and Freddie to go?

Those stocks took a beating today:

VXX looks like a good bet.
Again.
Control risk,
gh

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