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Rusty Shackelford

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Everything posted by Rusty Shackelford

  1. Thanks be to the USDA. Shortages in stores, food banks empty, people going hungry; plan of action? Dump it on the f^cking ground! https://amp.jsonline.com/amp/2938784001?__twitter_impression=true
  2. For the 20% of Americans without direct deposit from IRS: According to The Washington Post, which has reviewed a timetable from the IRS, stimulus checks first will be sent to taxpayers with the lowest income: April 24: Less than $10,000 May 1: $10,0001 - $20,000 May 15: $20,001 - $40,000 May - September: checks sent in order from lowest income to highest income based on 2018 or 2019 tax information September 4: remaining checks sent September 11: checks sent to those who didn’t provide information to IRS
  3. I'm small $$$ but have stayed net long, plan on fading bigly when/if SPY moves into 280-300 range
  4. If you want, I can show you how to make a bomb out of a roll of toilet paper and a stick of dynamite.
  5. Anyone else hearing reports like this?
  6. I'm no expert, and wasn't even aware of mREITs. From what I gather they are less common than equity REITs (rent collectors) and MBS (non-REIT mortgage collectors)
  7. How would mortgage deferral screw REITs? Don't they just collect rent? Could REITs benefit from mortgage deferral on their mortgages, or do they all own title to their properties?
  8. https://www.cnbc.com/2020/04/06/coronavirus-bailout-there-is-going-to-be-complete-chaos-mortgage-ceo.html WTH is going on here? Seems like this Calabri guy is trying to blow the system up. Also: Fannie and Freddie admit to being levered 240:1 (probably much higher) and this asshole wants to complain about Joe Sixpack's moral hazard?
  9. A Miss St player had entered the transfer portal because of this [emoji849]
  10. more Wall Street wins on the backs of Main Street: https://www.bloomberg.com/news/articles/2020-04-02/u-s-unveils-loan-guidance-for-small-businesses-hurt-by-virus
  11. Sounds like it's out of balance at the moment. Sure, not a good idea to close all short pos, but at least trim enough to avoid margin call? Of course the "Powell Put" failed in the stock market (I had even started believing it in late 2019), so yeah, bad idea.
  12. I don't understand why they think they need to hold on to their short position. Close the position, avoid margin call, let the Fed keep buying, Why wouldn't that work (in this new environment)?
  13. Stupid question regarding this situation: https://www.msn.com/en-us/finance/markets/mortgage-bankers-ask-sec-to-save-them-from-margin-call-surge/ar-BB11SCJb If brokers got what they want and know that the Fed is going to buy MBS out the ass, why are they still hedging/shorting MBS?
  14. You should know this one. We geared our refineries to process heavy sour crude 20-25 years ago. We aren't setup to refine all of the shale oil we produce today This is news to former Secretary of Energy. https://www.foxnews.com/media/rick-perry-us-oil-industry-massive-collapse Wait, actually it's not news to him because he still doesn't know it.
  15. Same as it was before, but now with even more disparity Winners: The 1% Losers: everyone else
  16. https://www.reuters.com/article/us-health-coronavirus-fed-daly-idUSKBN21I2Y6?taid=5e8386f153c773000108cf0f&utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=twitter Uhhh... since when is that the Fed's job?
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