The Most Popular Bond Fund
When investors ask me to review their company’s 401(k) investment options, I can’t get over the lack of bond fund choices offered by the...
A Compulsive Liar
Meet the stock market: he’s a valuable economic indicator, but he also has a tendency to lie—even compulsively. The stock market misdirects, misleads, and...
Inflation Expectations Surge
This is a scary looking chart. The chart shows the 10 year breakeven inflation rate. This is the inflation rate that investors are anticipating...
TIPS Yield: What You Should Know Today
With commodities prices surging and inflation pressures heating up in certain sectors of the economy, the financial press is loaded with articles offering advice...
A Threat to the Muni Union
It turns out that not only is the adoption of a right-to-work (RTW) law in states good for business, but even the threat of...
106% Profits—in Bonds
With stocks rising virtually uninterrupted since the end of August and doubling from their March 2009 lows, you may be kicking yourself for not...
A Low-Risk Inflation Hedge
The conventional wisdom is that bonds are a terrible investment when inflation accelerates. The theory is that rising inflation causes interest rates to rise...
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...
Interest Rates Surge
Long-term interest rates are surging. After falling below 2.40% in October, the ten year T-note yield has risen to 3.26%--an increase of 86 basis...