risk

Jim Grant's contention is that you don't need to be a stargazer to be worried about Munis. You just have to look at the low interest rates.  In his view, bond yields do not compensate buyers for the interest rate risk, let alone other…

Bill Gross is at it again. The bond king who has taken a populist turn is out with another monthly investment commentary that features a negative view of Wall Street (God's work) and Federal Reserve monetary policy. I want to hone in on the…

Piggybacking off of my last post highlighting Nouriel Roubini's talk with Simon Constable, I wanted to present three videos from Roubini's appearance on NBC Europe this morning. In the earlier pre-Davos Wall Street Journal interview,…

By Jeff Clark, BIG GOLD One of the cheapest ways to buy and store physical gold and silver is with unallocated (or pool) storage. With unallocated storage, a dealer holds metal that is owned by its customers, but without identifying any…

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond…

I liked David Rosenberg's Breakfast With Dave piece this morning. He got into QE2, bonds, Europe and Germany in particular. Let me hit on a few highlights here.  First, Rosenberg says the recent uptick in bond yields might put…

The deal between President Obama and the Republican congressional leadership is not likely to have a significant positive effect on an economy facing severe headwinds pulling in a negative direction. The key fact to remember is that we are…

In the following post I list a number of risk factors which I believe investors should give serious consideration, but I do not for one second pretend for that list to be exhaustive. Neither should you read anything into the order of which…

by Win Thin The won has been one of the worst performers so far today due to developments in the Korean peninsula.  Clearly, North Korea is trying to make a statement to the West with its recent saber-rattling, and reports of the…

by Comstock Partners In starting a second round of quantitative easing (QE2), the Fed is gambling on a program that has little potential upside and a substantial amount of risk. In the first round (QE1) the Fed bought $1.7 trillion of…