Thursday 1/22/15

Motgage Bonds have been a wild ride so far this morning, with big swings due to the headlines from the European Central Bank (ECB) announcing big stimulus plans.

The ECB said that it will enact a massive Quantitative Easing or QE style of Bond purchases in an effort to fight off deflation and to promote economic growth.

I am recommending carefully floating, but be mindful that extreme volatility has gripped the markets and sentiment can quickly reverse.