Prudy

Visa Rally May Be Short Lived

Your comments on the possible reduction in credit cards issued by financial institutions are correct, but what about debit cards and beyond that, other new forms of electronic payment.

You mentioned the support level at or around the IPO price; isn't there something to be said for a financial stock which is roughly flat over the previous 12-months?

What Are You Being Paid for Your Bonds?

I am new to fixed income investing, so bear with me, but in order to use the above formula to derive the credit risk rate of a particular individual bond or a bond fund (like the LQD) what rate would I use in place of the market rate for 10-yr AA Corporate's (the 4.72 above)?

Are we looking at the current yield?

Thanks in advance

Wall Street Breakfast: Must-Know News

For them to make the right moves now would require them to act contrary to how they have acted thus far in this mess. I doubt that will happen.


On Dec 23 09:51 AM JCCIII wrote:

> How Obama and the Democrats in Congress handle the Big 3 could be
> a turning point in the current financial mess and the future of US
> capitalism. Will they cave in to the UAW due to the contributions
> they have accepted? Will they impose real, and fair, structural
> changes (on all parties; management, labor, investors, suppliers,
> dealers, etc) that will make the US auto industry competitive in
> the global economy? For the sake of all, I hope they make the right
> moves.