GSEs
Author: raj
Category: Finance
John Dizard in FT has a very informative article on the solvency of the GSEs – Fannie Mae and Freddie Mac. He predicts that they will be eventually nationalized. Time to buy puts perhaps?
For people to worry about inflation or worry about the longer-term ramifications of monetary policy being too loose is like worrying about a haircut on the way to the guillotine,” says Bill Greiner, chief investment officer at UMB Asset Management.
Decades of buying what they did not need with money they did not have.