outer range 17-19inner range 17.2-18.5 during last 1 yearmoved along with S&P till QE2 was announced on 11/3/2010, about 6 months ago as S&P went up 15% peaking at 1,363 (up from 1185 11/3) on 04/29/11. perdio en las ultimas 5 semanas 6%. NECESITAMOS UN 8% DOWN MORE!!! -Cs please! TM maybe yen moves in favor as flight to safety rises dollar?
The government released a statement which not only showed that these two companies had excess capital, but also decreased the capital requirements to free up an extra $200 billion for the mortgage markets
Because of the structure of Annaly's portfolio, the decreasing of the Federal Funds Rate directly improved margins
A combination of analyst downgrades (which are explained in the article), widening spreads on agency mortgage backed securities (sign of decreased risk tolerance and increased expectation of default), and absurd negative sentiment surrounding Fannie Mae and Freddie Mac send Annaly into a pitfall.