Surprisingly, and perhaps even shockingly, investing in Treasury Bond ETFs has been profitable in 2010. Very few folks would have “thunk it.” Consider all of the forces conspiring against... read more »
In January, I wrote that I thought the Financial Crisis was over. I am looking to the future to find sound investments for my clients, and as I have said many times, and especially during the recent... read more »
A mild degree of risk aversion has settled into the forex markets this morning, pushing the U.S. dollar higher against all of the major currencies. On the eve before the Federal Reserve's monetary... read more »
I wanted to highlight a few quick recent charts of how the US Dollar Index positively correlates (moves in the same direction) with the 3-month Treasury Bill Discount Rate. It's not the most... read more »
The stability in the forex on Monday was short-lived as comments by ratings agencies sent investors back into the safety of U.S. dollars. Growth is improving but the threat of a fiscal crisis and... read more »
It's all about deficits these days. The challenge is figuring out what it all means for the markets, the economy, the man on the street and for politics in Washington. What's crystal clear at the... read more »
The trend in February was again one of posting a wide range of results and a shifting pattern of winners and losers on a monthly basis. This isn't a shock, but more of it is probably coming, meaning... read more »
This post was prompted by Barry's article Credit Rating Firms: Worthless in a Bull market, Damaging in a Bear Markets. When I was a bond manager, we had a rule for our analysts - ignore the rating,... read more »
A mirage is a naturally occurring phenomenon in which light rays are bent to produce a displaced image of distant objects. A mirage is a real optical phenomenon which can be captured on camera, since... read more »
Across the Curve is gone. Accrued Interest is gone. I'm still here, but bonds aren't my sole focus. Long time readers know that I have a wide variety of interests in investing. I sometimes think... read more »
