Fast money Obsession

The massive obsession with this market for MBS..... The down side... Our government buys them, then the market shorts the shit out of them.

Also then they are like "well then we can get an instant "market price"" this way they can short a financial equity down by shorting it's MBS down to the point that the bank is insolvent... based on instant mark to market.....

I'm such a huge fan of supply and demand, and the efficiency of markets.... After this short ban, and Yall know I seem to have become an informal specialist in financial stocks. But even I knew that Regardless of the short ban, the financial stocks were going to sell off, because they didn't have buyers. It's simple supply and demand.

But the way Traders freaked out about it, like we couldn't get market prices without shorting..... Tells me either traders are hopelessly ignorant of the laws of supply and demand, or the system is so corrupt, that it was like "Their pants had come off and they didn't want anyone to know how small their dicks were"..... and that in the market it's more about manipulation, that it is about price discovery.... The emperor has no clothes, so to speak.

But that suddenly has me worried about this whole "mbs market"...

I'm a huge fan of them being traded OTC... but mostly so they can find buyers.