Bonds
US Debt Ceiling Negotiations: Off-Budget Spending Vehicles Need Reform Now
I’d be willing to bet most of America is in the dark on this one. And quite honestly, we need to shed some light on the matter. At this moment, Congress is voting on raising the debt ceiling. And the first go around failed to pass the House miserably… as expected. And you should be […]
US Economy: Our Government Plays A High Stakes Poker Game On Our Debt Ceiling
“I’m all in”, I clamored, demanding everyone’s attention with my stern tone… That was the last thing I remember saying before I skulked away from the final table. Unfortunately, your seat in the game usually disappears when you speak those words. And this time was no different. I thought I had it won. I had […]
Treasury Bonds: How To Profit From The Outrageous US Debt Crisis
Last week was the 150th anniversary of the American Civil War. As an avid student of history, I spent a lot of time re-reading parts of several books I have about the conflict. I also watched Ken Burns’ terrific documentary on PBS. If you haven’t seen it, I highly recommend it. As I watched the […]
US Economic Recovery: Tiger Woods Offers Us A Sign Of Hope…
If I said I was an avid golfer, it’d be an understatement. Let me paint a picture for you… While playing a round of golf on Sunday, I was actually listening to the radio coverage of the final round of The Masters. No, really… I was. And let me tell you, the 2011 Masters is […]
US Government Bonds: Get Out Of Long-Term US Government Bonds Now!
Do you own US government bonds in your portfolio? If you do, the time has come to head for the exits. The smart money is dumping Treasuries like there’s no tomorrow. Earlier this week the Bond King himself, Bill Gross, made a startling move. Gross manages PIMCO’s Total Return Fund, the largest bond fund in […]
QE3 – Do We Need More Quantitative Easing?
There’s been plenty of talk recently about the end of QE2… and the possibility of QE3. As you can imagine, there’s no agreement on what should be done… just a lot of arguing. Even the Federal Reserve Board members don’t agree. They’re arguing about the effectiveness of quantitative easing. They disagree on whether QE2 should […]
US Economic Recovery: Hey Ben… It’s Time To Put On Your Bathrobe!
Last weekend I got a head start on my spring cleaning. I was going through my clothes closet when I came across something I had forgotten all about. It was a T-shirt commemorating my dad’s 60th birthday party. I can’t believe that was ten years ago. I picked up the shirt and memories from the […]
The End Of QE2 – Should We Worry?
Earlier this week, I happened to glance over at the calendar sitting on my desk. I often lose track of the days… it’s a common malady among writers. So imagine my surprise when I saw what month it was. It’s March already? When did that happen? Ah March… Springtime… The NCAA Basketball Tournament… Spring Training! […]
Meredith Whitney Is Wrong About Muni Bonds
Meredith Whitney is wrong. Who is Meredith Whitney? She’s a former Oppenheimer analyst who famously predicted the Banking Crisis of 2008. Since then, Whitney has become something of a rock star on Wall Street. She left her old gig and started her own company (creatively named Meredith Whitney Advisory Group). Make no mistake, Meredith Whitney […]
Investing In Bonds – What You Need To Know About Falling Prices
It had to happen… It was inevitable. After several years of high demand for US government bonds… the ultimate safe haven… investors are now wising up to the risks. Despite every indication bond yields should remain low, just the opposite is happening. Bond values are being destroyed and one industry group is poised to benefit. […]