The Coming Crash In The Bond Market [View article]
"I believe we are headed for a serious loss of confidence in the value of the dollar, which will be accompanied by a burst of the Bond Bubble."
"This Ponzi scheme is getting ready to explode."
The problem with this though, is that people have been crying "wolf" like this since the start of QE1. I am not going to say that it could not happen, it certainly could, but it has not. The dollar is actually a bit stronger and corporate defaults are super low.
Uncle Ben is going to keep those rates down for as long as he can to service the debt. And if you think rates can't stay low for long, reference Japan, as you did.
Gundlach: Worrying about how the Fed may unwind its policies is a waste of time, he says. The current Fed boss and the putative successor (Yellen) haven't indicated any interest in an exit. With precious metals bears patting themselves on the back of late, Gundlach thinks it's a good time to buy, preferring silver (SLV) to gold (GLD) thanks to the white metal's higher beta. [View news story]
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Ill be interested if it can also wipe me rear end.
Shanghai rebounds 2.3%, though property developers - drubbed for 9.3% Monday -didn't participate in the bounce. "The stock rally is over," says one economist, noting real estate account for 20% of the economy. FXI -6.2%, CAF +0.9% YTD. Real estate ETF: TAO -3.2% yesterday and another 2% AH. [View news story]
The DJIA is up 0.6% in early trade to 14,211, surpassing the October 11, 2007 intraday all-time high of 14,198. The record closing high is 14,164. [View news story]
Well good thing no one gives a rip what the market is priced in gold.
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Enlighten me, Kemosabe.
If you are buying an Apple watch because of a "retina display", you've got your own problems.
Rolex can command a higher price because they make watches, they are known for watches and they are exclusive. Apple will set a higher price because there are enough fan boys who will pony up a pretty penny for it. There is a difference.
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Well that should probably warrant some ungodly price.
Fed Vice Chair Janet Yellen surprises no one, calling for the central bank to press on with its asset purchases. It's the usual story - the benefits are obvious, the costs negligible, if any. QE will continue, she says, until there is substantial improvement in the outlook for the labor market. [View news story]
Greenlight Capital/David Einhorn has dropped its lawsuit over Apple's (AAPL -1.6%) Prop. 2, in response to the company's decision to withdraw the proposal and its bundled changes (in the wake of an injunction) prior to Wednesday's shareholder meeting. Apple insisted at the meeting it remains committed to giving shareholders the right to vote on the issuing of preferred stock. [View news story]
People tried to catch the falling knife in the 600's, 500's, 400's......
"You may as well say that since the price of bread in the former Soviet Union was very stable, it indicated that markets were in balance. Well, either that or it indicated that the State thought the price ought to be steady."
Examples like this are why I read your work religiously. Keep it up, friend.
The Dumbest Portfolio For The Smartest People [View article]
The results will not bad as good unfortunately. Sounds great in theory, but your age (anyone's age) and the market have nothing in common. Therefore, if you are nearing retirement now and you were almost 80-90% in bonds (foolish) and we see any measurable rise in rates, there goes your fund. As you get older, the target funds have a harder time keeping up with inflation due to the lack of exposure to equities.
The one thing it does due is keep you from trying to time when you should and should not be in the market. I would not condone trying to do such.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
"anonymous#12"
Right. Because Uncle Ben is doing it and he is the Godsend, anyone who thinks that his policies are flawed must have had lesser of an education.
Obvious you and Ben are the prestigious few who were able to go to Keynes U. and figure out how to save our country.
I am forever in your debt....literally....b... the Government is putting us there......
The Coming Crash In The Bond Market [View article]
"This Ponzi scheme is getting ready to explode."
The problem with this though, is that people have been crying "wolf" like this since the start of QE1. I am not going to say that it could not happen, it certainly could, but it has not. The dollar is actually a bit stronger and corporate defaults are super low.
Uncle Ben is going to keep those rates down for as long as he can to service the debt. And if you think rates can't stay low for long, reference Japan, as you did.
Gundlach: Worrying about how the Fed may unwind its policies is a waste of time, he says. The current Fed boss and the putative successor (Yellen) haven't indicated any interest in an exit. With precious metals bears patting themselves on the back of late, Gundlach thinks it's a good time to buy, preferring silver (SLV) to gold (GLD) thanks to the white metal's higher beta. [View news story]
What are we, Japan?
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Shanghai rebounds 2.3%, though property developers - drubbed for 9.3% Monday -didn't participate in the bounce. "The stock rally is over," says one economist, noting real estate account for 20% of the economy. FXI -6.2%, CAF +0.9% YTD. Real estate ETF: TAO -3.2% yesterday and another 2% AH. [View news story]
The DJIA is up 0.6% in early trade to 14,211, surpassing the October 11, 2007 intraday all-time high of 14,198. The record closing high is 14,164. [View news story]
Thanks though.
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
If you are buying an Apple watch because of a "retina display", you've got your own problems.
Rolex can command a higher price because they make watches, they are known for watches and they are exclusive. Apple will set a higher price because there are enough fan boys who will pony up a pretty penny for it. There is a difference.
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Ferrari - Yugo
Wrong comparison, kid.
The Apple (AAPL) rumor mill is in full swing: 1) Bloomberg and The Verge report Apple is hoping to release an iWatch this year. Sources tell The Verge Jony Ive is spearheading the project, that a modified version of iOS will be used, and that battery life remains a challenge. Bloomberg reports the device will allow users to make calls and feature health sensors, while pointing out the watch industry is worth $60B and has a 60% gross margin. 2) iMore reports an iPhone 5S with a design similar to the iPhone 5 is slated for August, and a 5th-gen regular iPad might arrive in April. [View news story]
Fed Vice Chair Janet Yellen surprises no one, calling for the central bank to press on with its asset purchases. It's the usual story - the benefits are obvious, the costs negligible, if any. QE will continue, she says, until there is substantial improvement in the outlook for the labor market. [View news story]
Greenlight Capital/David Einhorn has dropped its lawsuit over Apple's (AAPL -1.6%) Prop. 2, in response to the company's decision to withdraw the proposal and its bundled changes (in the wake of an injunction) prior to Wednesday's shareholder meeting. Apple insisted at the meeting it remains committed to giving shareholders the right to vote on the issuing of preferred stock. [View news story]
Might Apple catch a break, probably.
Meanwhile it sure is funny to watch.
The Dumbest Portfolio For The Smartest People [View article]
When you compound monthly, this add up a bit faster.....not dumb to me.
Its been part of my "dumb portfolio" for quite some time.
Trading A Random Number Generator [View article]
Examples like this are why I read your work religiously. Keep it up, friend.
The Dumbest Portfolio For The Smartest People [View article]
The one thing it does due is keep you from trying to time when you should and should not be in the market. I would not condone trying to do such.
-J
The Dumbest Portfolio For The Smartest People [View article]
OK, bad joke. No relation on my end, but I've been asked if it was a translation goof up when my family came over from Europe.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
Right. Because Uncle Ben is doing it and he is the Godsend, anyone who thinks that his policies are flawed must have had lesser of an education.
Obvious you and Ben are the prestigious few who were able to go to Keynes U. and figure out how to save our country.
I am forever in your debt....literally....b... the Government is putting us there......