MBS Day Ahead: Not Another Crappy ‘Year-in-Review’

MBS Day Ahead: Not Another Crappy ‘Year-in-Review’

Posted to: MBS Commentary
Wednesday, December 31, 2014 7:33 AM

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The only thing more tedious than of my technical explanations are those journalistic elements that you just KNOW are coming. Let me explain. Imagine a thief steals a bunch of watches, is unable to sell them, and subsequently returns them. In that case, you know it won’t be long until every news headline is some iteration: Thief Unable to Live on Borrowed Time, etc.

More germane today would be the tendency to tie article headlines and themes into recurring events, such as holidays. You know how those go. Markets are spooked on Halloween, Originators are…

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