🚀📈🚀 the stock market in 2020 🚀📈🚀 from r/wallstreetbets
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Ray on Thanksgiving
Some of my favorite Ray Romano bits, featured since the first portion is specifically about Thanksgiving.
A Thanksgiving Prayer
Fannie Mae, Freddie Mac Jump
Fannie Mae and Freddie Mac have seen their valuations climb in the days since the Federal Housing Finance Agency finalized the capital rule for them. Common shares of both government-sponsored enterprises climbed more than 30%, while their preferred shares increased by more than 10%.
Analyst Dick Bove of Odeon Capital said he would’ve expected that the preferred shares of Fannie and Freddie would increase more than the common shares, although that’s not what happened. He also continues to assume that a few significant steps would be taken that would impact the valuation of Fannie Mae and Freddie Mac preferred shares.
Bove continues to assume that the so-called “net worth sweep,” which sweeps all of the GSEs’ earnings into the Treasury, would be retired and considered repaid. He also expects that by the end of the year, Fannie and Freddie would owe no additional dividends to the government.(more…)