Current State of the Markets
July 1st, 2009 | No Comments | Posted in convexity, housing market, interest rates, investing, stock market
On CNBC’s Squawk Box this morning, I gave an analysis of the current state of the markets.
The FED must keep interest rates steady. Mortgage portfolios are like a shopping cart that constantly needs to be realigned. Intruiged? Watch the video for my full interview.
Tags: CNBC Video, convexity, Fed, hedging, housing market, interest rates, mortgages, stock market