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About
Biography
An Opinion
Farewells
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2021 – Present
2017-2020
2014-2017
2011-2014
2006-2011
TYS/Fed
Public Policy
Govt Asstd ReFinance
Stocking Stuffers
Broadcast
Classroom
About
Biography
An Opinion
Farewells
Commentary
2021 – Present
2017-2020
2014-2017
2011-2014
2006-2011
TYS/Fed
Public Policy
Govt Asstd ReFinance
Stocking Stuffers
Broadcast
Classroom
Contact
2021 – Present
September 16, 2024
Forests and Trees
July 1, 2024
Of Horses and Water
April 16, 2024
Bedtime for Bond
March 5, 2024
The Cost of Carry
January 25, 2024
Sharp Curve Ahead
November 6, 2023
A New Issue MBS Strategy
November 1, 2023
The Center Cut
August 22, 2023
The Big ‘O’
May 23, 2023
Moral Hazard
May 1, 2023
Transitory Dreams
March 6, 2023
The Chips are Down
January 25, 2023
Leverage is NOT a four-letter Word
November 3, 2022
A Deep Dive into Mortgage Bonds
October 4, 2022
Crash Test Dummies
September 7, 2022
Soft Landing
July 12, 2022
Nine Meals from Anarchy
June 1, 2022
The Water is Warm in the MBS Pool
April 26, 2022
Let Them Eat Cake
March 29, 2022
Square Pegs
February 15, 2022
Dangerous Curves Ahead
January 31, 2022
Fire Insurance – Revisited
November 29, 2021
Unbalanced Leverage (or Options for Civilians)
November 2, 2021
A Cheerful Sisyphus
September 14, 2021
The REIT Money Machine
July 26, 2021
Open Letter to the FED
June 8, 2021
Fire Insurance
May 11, 2021
The Helicopter Defense
April 13, 2021
The Marshmallow Test
March 16, 2021
Lurking at the Scene
February 23, 2021
Seeking Treasure with Convexity
February 3, 2021
The White Swan
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