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  • Saturday, February 4, 8:15 AM The "fade Whitney" trade may be getting close to played out as municipals tack a 2.31% rise in January onto a 10.7% gain in 2011, with yields for top-rated paper now at or near all-time lows. Lower-rated munis offer the best relative value, says Jim Kochan, but investors should expect coupon income and nothing more for the rest of the year.
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  •  
    Whitney and Cramer and garzarelli and Granville and the rest should drop dead. They never made me money. Include that Fabre and the Pimco guys with their fancy theories.
    4 Feb, 10:11 AM Reply Like
  •  
    The only thing Whitney missed is the ability of the Fed and other central banks to purchase trillions in inflated debt issues, and put their sponsoring countries at huge risk as a consequence.

    Federal Reserve's Portfolio, short of a lifetime.
    http://bit.ly/zdXUXg

    Largest central banks now hold 15 trillion in fictitious capital:
    http://bit.ly/xr68Jl
    4 Feb, 06:48 PM Reply Like
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