Red across the board today with Fannie (FNM) and Freddie (FRE) down more than 3%.
Portfolio lost 2%, and is down 3.4% since inception. AIG is the only gainer, up 18% since inception. AIG currently accounts for 24% of the portfolio.
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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