Monthly Archives: December, 2010
The Bear Market in Long Bonds
Soaring long bond yields have pushed the PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF down 26% from its August high. Investors who...
Muni Bonds Continue to Tumble
Muni Bonds Continue to Tumble by Romy Varghese and Kelly Nolan, Wall Street Journal
Prices of municipal bonds fell sharply for the second day Tuesday,...
Small Business Confidence Rises
The NFIB Index of Small Business Optimism hit a three year high in November. Small business confidence is finally beginning to improve. While still...
Printing Money
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The Revolt
President Obama has a revolt on his hands. This week, his former allies in the house turned on him. The Democratic caucus voted on...