4min chapter

Forward Guidance cover image

Liquidity Has “Dried Up,” Says $100 Billion Investor | Jeffrey Sherman

Forward Guidance

CHAPTER

Do You Think the Fed Is a Supporter of the Housing Market?

The fed bought agency mortgages cause they didn't want to own so much of the treasury market, right? They've always done it a two to one ratio. So the idea that they've supported the housing mark i think, is a fallacy. We think there's something beautiful about that market to day, but you know again, it's very good money.

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