Armour Residential REIT INC Preferred Series A
QE4 is here to replace Operation Twist and Ben Bernanke has promised an extended easing at a rate of $85 billion a month. The easing is here to stay until the US unemployment rate, which is currently at 7.7%, falls below 6.5%. The new buying program will be purely of Treasury purchases, unlike QE3.
It is widely anticipated that the new easing will add more accommodation to the more »
To stimulate growth in the sluggish US economy, the Fed announced the launch of QE3. QE3 was aimed at particularly supporting the US housing and labor markets. However, the US labor market is still not close to the kind of improvement imagined by the Fed. I believe QE3 will stay even if the financial cliff is averted. Given the situation, I recommend investors stay away from pure play Agency Mortgage more »