Two Harbors Investment Corp (TWO) Social Stream
Featured Post From StockTwits About TWO
$TWO so what's happening right now is the fed isn't moving rates up until the job numbers are up. Inflation is already substantially higher than they anticipated (no shit, do they live under a rock?) And they said when the job numbers are back to pre pandemic leveled of more they will consider. Powell said this would be a medium term action. I think once all of the buffed h employed benefits clear, we get those job numbers. We will also have higher wages. TWO basically did this offering to build a very thick foundation floor. Using all they can at no debt (just submit an offering), and reserved capital to take advantage of more opportunities as interest rates rise. As interest rates rise, their cash purchasing power will be strong so not much need to finance everything, and they will also be getting more juice out of the interests they hold that they get paid by.dscruggs0224, published July 28, 2021
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