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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 543.60+1.7%Oct 23 3:59 PM EDT

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To: zzpat who wrote (1617)8/28/2018 6:26:45 PM
From: John Pitera2 Recommendations

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ZZPat... a most excellent post until you got to the final sentence.... In 1980 the S&L were so underwater
due to Interest rates rising to record highs on 30 year mortgages that congress passed a law that
the S&L's amortize the mark to market losses they had on all of their huge pool of underwater mortgages.
they also let the banks claw back taxes paid in the previous 10 years and get that tax money refunded to
the bank and this led to Solomon and First Boston creating the mortgage backed securities market
which they made a tremendous fortune on.... You can read about it in the famous book "Liar's Poker"

The takeaway from that experience... is that early adopters of new government tax laws and new
benchmarks such as our Brand new SOFR which will be replacing LIBOR....... there is gold in getting
aboard the companies awarded reporting, auditing and other aspects of the NEW SOFR rate....

You want the company to be EU compliant.....

a company I am talking too.... pointed that very matter out to me...

My company is a benchmark administrator in Europe and we are one of very few orgs that can assist US benchmarks to be EU compliant.

THe 2-10 year treasury spread is .18 basis points today the september rate hike of .25 basis points could
invert the Yield curve...... Inverted yield curves are the matador with his swords of death for Bull's
so watch closely...

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