Fannie and Freddie

Cant wait until they slaughter the bond market

 

HOW IS THIS GOOD NEWS FOR THE MARKET???

 

which market?

US Dollars? gold? Treasuries? lean hogs?

 

Normally market in general means equities

 

If Fannie or Freddie defaulted on interest payments, it would have been bad.

 

Well the 10-year T-note is selling off, not sure about why equities are up in reaction

 

I hope I don't blow up my Oanda account, but I just paid some killer spreads to make a big long in JPY.

 

Mark my words, GE will move the market more than this news tomorrow.

 

Well if the 10 year continues to sell off like it is now, then it will eventually impact equities

 

Yeah, but it what direction?
I have no been following GE at all, but everyone should be expecting dismal numbers.