Tuesday, October 11, 2016

A $7 Trillion Moment of Truth in Markets is Just Three Days Away - Bloomberg

A $7 Trillion Moment of Truth in Markets is Just Three Days Away - Bloomberg



The world of unintended consequences. The government things its regulatory policy will make the markets safer so it increases mortgage rates and doesn't blame itself.



Mortgage borrowers with rates tied to LIBOR appear to be oblivious; and thus, not castigating the regulators and the Congress and politicians that support them.

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