Friday, April 19, 2013
Confused Market Mechanics
Wednesday, April 10, 2013
Risk, Risk, Everywhere
So with that, we point out some serious questions and concerns he addressed in a recent email which we happen to agree with. One might ask, how can you not agree with observations from the real world? Right, well, some do, so we just want to point that out.
From John's survey of readers, he concludes:
When everything is manipulated... you don't know the TRUE value of anything, right?The Fed-driven fixed interest rates are breaking the backs of retirees (or near retirees), who find their nest eggs dwindling unless they take larger investment risks.
And the growing federal debt and the resulting "true" inflation is eating away at investors' capital.
They see interest rate risk, inflation risk, central bank and currency debasement risk, confiscatory tax rates... and bonds on life support, running out of air.
Stocks, Bonds, and Currencies doesn't agree with everything said or implied by John Mauldin or Grant Williams, but they have a long-standing reputation that justifies considering some of what they say. If you take a look at the video, come on back and tell us what you think.
Wednesday, April 3, 2013
"The problems may be worse than imagined, requiring changes to the bailout or making it unworkable." "... the effect of capital controls ... will mean a prolonged recession which will make it impossible for [name_of_country] to meet its targets and repay its bailout debt..." "the guarantee [plan_detail] is from the insolvent [name_of_country] government" "...allocating losses to investors and bondholders may prove challenging in practice." Source: 7 reasons Cyprus is more important than you thinkYup. Been there, done that. Time to go buy more high-yield bonds while the prices are cheap [again].