In my last post I brought up some notes about how fundamental measurements of stocks might be indicating to us that the profitability of US corporations as a whole appears to be flagging and how this could be a cause of market weakness, if we happen to see it near term. I ended that post with this [...]
No Comments. Continue Reading...The easy things to do in investing are many times the most damaging things to do. The markets (stock & bond) somehow seem to have some type of built-in Siren call and right now we can hear the sea nymphs singing of the safety and relative security of bond-based investments. Beware, as you may get dashed [...]
No Comments. Continue Reading...Economics 101: When bond prices go up, interest rates go down. Or vice-versa. If an investor wants to buy safety, he will pay up for it, which has the side-effect of dropping interest rates… sometimes rather dramatically. To wit, in December of 2008, we saw a mad rush to Treasury bonds for just this reason. Looking at [...]
No Comments. Continue Reading...A couple of words about bonds here… and a little bit of a warning as the media-hype machine touts the past success of bonds. (Hint: Although the monkey thought it was all in good sport, we all know what happened to the weasel next.) My long-running pseudo-battle with Bill Gross and the Bond Sellers came to [...]
No Comments. Continue Reading...By Hibah Yousuf August 30, 2011: 1:08 PM ET NEW YORK (CNNMoney) — Investors have been pouring their money into U.S. Treasuries all year, much to the consternation of bond guru Bill Gross, who had been advocating for investors to dump out of government debt because of their low yields. Gross, who manages the world’s [...]
No Comments. Continue Reading...We’ve had a rough couple of weeks in the stock market and it’s hard to believe how long it’s been that we’ve seen no net progress in the averages. I was thinking earlier of some way to communicate just how long the S&P 500 Index has visited and revisited the value that it closed at [...]
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