…yield is an important component of total return (which is income and appreciation/deprecation together), we sometimes see investors stretch for yield without fully understanding the consequences of their decisions. The…
…one likes the losses and recognizes that there may be more in the coming days, but I think everyone also understands that stocks make good investments over the long run….
Last week, I wrote about how losses at the Swiss mining company Glencore were affecting the overall market. In the article (found here), I said that bond prices in the…
…makes sense given that stocks have rebounded globally, credit spreads have narrowed, the People’s Bank of China (PBoC) cut interest rates and the European Central Bank (ECB) has signaled more…
…Fund futures suggest that the market believes that the odds of a hike in December is now more than 70 percent. Just last week, the odds were around 35 percent,…
…the underlying assets of the ETF are bonds. On a typical day when the stock market and bond market are both open, shares of bond ETFs are trading on stock…
…two percent management fees were $414 million. Not a small sum, except when compared to the performance fees that they paid, which were $700 million, bringing the total costs to…
…managed futures and trend following, but we don’t feel like anyone understands them like traditional asset classes like stocks and bonds. Managed futures strategies were born in the 1970s, but…
…rates in the September meeting and were surprised when the Fed cited market turbulence when they kept the rates unchanged. In September, markets were worried about global growth and the…
As expected the Federal Open Market Committee (FOMC) raised interest rates a quarter of one percent so that the target range for overnight lending is now 0.25-0.50 percent. Importantly, the…
