Business

And the dividend hits just keep on coming.

Back in October we posted the following image on the way to introducing a new mortgage product co-sponsored by Quicken and Freddie Mac.

In what the companies billed as “a new effort dedicated to building a better American housing system,” Quicken and Freddie announced what they called an “innovative solution” to “meet the needs of emerging markets, including millennials, first-time homebuyers and middle-class borrowers.”

Bad news is awesome news again... oh and short squeezes, VIX manipulation, and crude contract rolls are the new 'fundamentals'... Just one waffer thin mint of monetary easing...

Submitted by Tim Price via SovereignMan.com,

For the benefit of non-subscribers, there are two versions of the Financial Times newspaper. One of them is the hard copy edition, still printed on pink paper, an exact digital replica of which is available on the paper’s website to subscribers. The second is the website itself, at www.ft.com. The difference between the two is subtle, but crucial.

Either the algos aren't paying attention or the market's just too focused on the roll to care about another round of headline hockey from OPEC, but crude hasn't budged in the face of a barrage of one-liners from OPEC's secretary general Abdalla Salem El-Badri who spoke from the annual IHS CERAWeek conference in Houston.

Here's the headline dump: