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New Developments and Concerns for the 2X-leveraged mREIT ETNs
The consensus now is that the next move by the Federal Reserve will be to lower rates. In my first Seeking Alpha article published on June 21, 2013 Federal Reserve Actually Propping Up Interest Rates: What This Means For mREITs I set forth a proposition that contrary to the widely held belief that the Federal Reserve was artificially depressing interest rates, it was actually preventing them from falling even more than their then very low levels. I said then: