Following a mostly positive trading session, US stocks ended in a mix as investors turned cautious... Read More

Shares in Thornburg Mortgage (NYSE: TMA) are off almost eight percent this morning after the company’s announcement that it had sold $20.5 billion worth of mortgage backed securities to help improve its liquidity situation. The markets seem to be reacting... Read More

So the Federal Reserve Bank made the move to drop the discount rate by 50 basis points. Is this for real? Read More

After another volatile trading session, the three major indexes rallied back to black in the final hour of trading before closing in a mix. The Dow Jones Industrial Average gained... Read More

The Federal Open Market Committee (FOMC) cut the prime discount rate to 5.75 percent from 6.25 percent. By doing so, the FOMC acknowledged that inflation is a greater risk to the economy than slow growth... Read More

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) has fallen more than 10 percent today. The primary reason appears to be...   Read More

Before you continue, make sure you’re sitting down. It was another sharp decline Thursday for the US market as stocks continued their rough-and-tumble downturn...  Read More

Whether it’s a pool of mortgages, corporate debt or a government obligation, during the past several days, the market’s been on a tear trying to come to grasp with the questions... Read More

Was there a train wreck on the US stock market? Well, not quite. But the credit squeeze did continue to plague US stocks Tuesday as the market plunged deeper into a sea of volatility...  Read More

Longtime Cash Cow Thornburg Mortgage (NYSE: TMA) is continuing to get hammered, as it’s off by about 12 percent so far this morning. As we’ve been saying all along... Read More