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  • A 6.4%+ Yielding Preferred From Citigroup That Can Benefit From Rising Rates  [View article]
    While companies do not usually exercise the call provision, CITI might on this one since Dodd-Frank does not allow CITI to claim this revenue as tier 1 capital. I would avoid this one.
    Apr 16, 2015. 03:26 PM | 1 Like Like |Link to Comment
  • 1 Dividend Stock To Buy Now And 3 To Wait For  [View article]
    Your chart of RYN is at odds with the chart I get on my charting system. After the spinoff, is there any guidance on how the RYN dividend will change in the future?
    Jul 6, 2014. 12:34 PM | Likes Like |Link to Comment
  • Long Dated Treasury Bonds Are Undervalued  [View article]
    One of the most insightful articles I have read in some time. The Grand Disconnect, as it has been called, between the market and the economy continues unabated. Every piece of news is slanted so that it seems that the economy is roaring ahead. While numerous indications of de-leveraging and outright deflation are neatly buried or over looked. This cannot continue forever, FED or no FED. When the fit hits the shan, watch out. Bonds will be the place to be. And the longer the duration the better. Well done Grant.
    Jul 15, 2013. 08:42 PM | Likes Like |Link to Comment
  • Your Retirement Income Is On Sale  [View article]
    Concerning the opportunity to buy as price comes down, always is when is low low enough. Like KO at 39, how about 35 or 32. The general economy has improved in the first half of the year in each of the last 4 years only to drop in the later half of the year. The FED has saved the day for stocks in the past. The current turmoil indicates that the market may not have the FED to prop it up if the economy stumbles in the last half of 2013.
    Concerning the future, signs of deflation are everywhere from commodities to China, Australia, Europe and the U.S. CPI. Inflation is going going gone. I have lived and invested through the inflation of the 70's. I have no idea what the market will look like if the deflation that is so apparent actually becomes a reality to the market. Investors beware.
    Jun 26, 2013. 07:55 AM | Likes Like |Link to Comment
  • 10-Year Treasury Bonds An Attractive Buy  [View article]
    I think your analysis is right on the money. Commodities, global growth (China, Europe), consumer expenditures and the unemployment rate (really about 9.5 if you include the effects of participation rate and change in population), all show deflationary tendencies.

    Why not play this with the 30 year bond? EDV has 26 year duration rather than the 17 year duration of TLT. ZROZ has 28 year duration. With 30-year interest rate change from 3.1% to 2.6%, gain would be 13% for EDV vs. the 6.8% for the change you used with TLT.
    May 22, 2013. 09:01 PM | Likes Like |Link to Comment
  • Is A QE Exit Really Scary?  [View article]
    I believe that it is naive to expect the FED to end QE now. The economy is showing increasing signs of deflation and the whole world is now pumping money into their local economies. To end QE now will punish U.S. exporters. When the end of QE is announced interest rates will spike up maybe not to historical levels but certainly 100-200 basis points. The FEDERAL budget will be hit with an additional $250 B in interest payments (on $17 T debt) as the economy and the markets adjust down. Recession is a real possibility as gov spending gets crowded out by interest payments at the same time that companies and consumers are being forced to pay the higher interest rates. Ben can kiss his political support goodbye regarding reappointment in 2014. I look for QE to end in 2016 at the earliest.
    May 14, 2013. 03:38 PM | 2 Likes Like |Link to Comment