bonds

Last night after the market closed I listened to a Bloomberg on the Money podcast with guest Louise Yamada, a well-known technical analyst. A lot of people in the fundamentals crowd stay away from looking at technicals, but in a market…

Spain pulled a potential sale for 15-year bonds as the appetite for the issue just wasn't there. Before the Euro, some in the European debt capital markets, where I worked, pejoratively called Portugal, Italy, Greece, and Spain, the PIGS.…

The old adage goes that on a Parents Day, a class of children brought their parents in to school. A few parents got up in front of the class to explain what they did for a living. One woman was a firefighter. One man was a baseball player.…

One cannot expect double digit returns from the U.S. market over the medium term as there are significant headwinds impeding that from high P/E ratios, reversion to the mean, consumer price inflation, credit deflation, high debt, to a…

The tenor was downbeat at a panel put together by Pensions and Investments online that included well-known Boson-based investor Jeremy Grantham. Grantham is on record as being a sceptic of the current investment climate and sees the rally…

In the Wall Street Journal today, Ted Forstmann, of LBO giant Forstmann and Little fame, has warned that the credit crisis is far from over. Forstmann, who presciently called the bubble in High Yield ad LBO financing twenty years ago, is a…

from Bloomberg News: Ambac Financial Group Inc., the world's second-biggest bond insurer, stopped trading on the New York Stock Exchange in a ``subpenny halt'' after its share price fell as low as $1.04. Ambac declined 3 cents, or 2.5…

I am firmly in the deflation camp. I worry about inflation over the short-term, but I still think the long-term threat to the global economy is deflation because asset price deflation will usher in deflationary forces. Nevertheless, there…

In this weeks Barron's, Louise Yamada writes that financials in the U.S. have not fallen nearly enough in respect to their meteoric rise in the U.S. indices. She predicts further pain in the sector to where they represent less than a…

Peter Schiff, the investor and author, is a controversial figure. He tells of an America that has lost its way through shedding manufacturing and its habit of saving money. His conclusion is that the U.S. is not a place where he wants his…