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Alex Filonov
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I was born in 1956 in USSR. After graduation from college in 1979 I worked full-time as an IT specialist. Until 1990 I worked for different companies in the Soviet military industrial complex. I created a small software business in 1991, which failed in 1993. I worked for Oracle Corp in 1995 in... More
My blog:
Muddling Investor
  • How Many Idiots Are Happy Now? 0 comments
    Jun 20, 2013 4:49 PM

    I've heard a lot of cries about low interest rates. The main theme was that people don't earn enough on their fixed income. Well, interest rates are up. A lot (0.9% on 10 years threasuries in 3 months - that's a lot). Of course, fixed income principal is down, a lot. So much, that you need several years of income (even at higher rates) to make it even.

    So, fixed income idiots, are you happy now?

    Themes: Fixed Income
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