A Different Direction for the Foreclosure Mess? [View article]
Usually it's spelled shyster, but your spelling is closer to the German origin, which is the verb to defecate, and that brings us back to banks.
I hold JLS a CEF which holds lots of MBS and it has not tanked. To me, this means that the stronger hands are not worried or that I am already holding the bag (of defecation).
In 2008 these foreclosure stories would have already produced a large downdraft as investors worried about which bank held what or did what. Now we are implicitly confident that the Fed will buy the tainted goods or cause them to be bought.
Yes, but. Very informative regarding ETFs, but there are more good options. Many closed-end muni funds are leveraged and offer better returns with less volatility (according to me) than HYD. CEFs have their problems, but can be very useful to the informed investor. One might look at BFK, NAD, NMZ and others.
Market Outlook: It's Not, NOT a Growth Story [View article]
It's unfortunate that your sophisticated thinking ended up as an anti-Obama bumper sticker. Even the wing nut Henry Ford realized that a healthy middle class was in his best interest. I watch my employees fret and worry about heathcare and I think shifting some of the power to the health service consumer is a good thing. In any analysis, blaming Obama's health insurance improvements for this economy is really lazy thinking.
Ten Reasons This Rally Is Ultimately Toast [View article]
In late 2008, Bloomberg carried an article about how the various stock techniques had worked during the post-Lehman meltdown. The conclusion was that they all had failed. Technical analysis obviously works to some degree over some time periods and some market conditions. If you apply it to all time periods and all market conditions, you'll die a horrible death.
My Weekly Market Forecast: Currency Pairs Edition [View article]
A Different Direction for the Foreclosure Mess? [View article]
I hold JLS a CEF which holds lots of MBS and it has not tanked. To me, this means that the stronger hands are not worried or that I am already holding the bag (of defecation).
In 2008 these foreclosure stories would have already produced a large downdraft as investors worried about which bank held what or did what. Now we are implicitly confident that the Fed will buy the tainted goods or cause them to be bought.
Is one allowed to not believe in the Fed?
Delving Into Current Discounting of QE Expectations and Its Market Implications [View article]
U.S., EU Banking Crisis: The Other 'Race to the Bottom' [View article]
A Smorgasbord of Muni Bond ETFs [View article]
Market Outlook: It's Not, NOT a Growth Story [View article]
Markets Might Be Anticipating an Improvement in Consumer Confidence [View article]
Equities Update: Finish in Red Barely Nicks 7%-12% September Gains [View article]
Survivor Index: Real Men Don’t Buy Gold [View article]
Ten Reasons This Rally Is Ultimately Toast [View article]
How Will New PIMCO Management Affect MTS Fund? [View article]
Dave's Top 10 Reasons the Word Isn't Coming to an End [View article]
About That 'Double Dip' [View article]
Seven Reasons We Will See a Repeat of the 2008 Crash [View article]
CPI Has Nothing to Do With Deflation Risk [View article]