…be coming up in the headlines in the coming days. Perhaps we avoid another brouhaha and politicians come to their senses and do what needs to be done. We have…
…that invests in convertible bonds. Convertibles, or converts, are bonds issued by companies that can be converted to the company’s stock under certain conditions. Next, we see the yields for…
The junk bond market was under pressure again yesterday, but managed to finish off of their worst levels. The high yield market was roiled again after one hedge fund, Lucidus…
…the entire committee. If he is chosen I would expect for the Taylor Rule to still be just one of many tools used by the committee but policy would most…
Somewhat like Hurricane Michael, the stock market selloff last week seemed to come out of nowhere quickly, and it hit hard. The question on everyone’s mind is what caused the…
…taxes for income under $75,300, the rate is 15 percent above that level up to $466,950 and 20 percent for those in the top tax bracket. Furthermore, there is a…
…reinsurance. In a sense, reinsurance is insurance for insurance companies. A normal insurance company might be able to insure 100,000 in Florida and have a good system for pricing the…
…manifestation for the additional risk that value stocks represent. On average, though, the distressed companies right themselves thanks to action by company management. Some companies go under, like Borders Bookstores,…
…out an ‘optimal’ portfolio. That’s considered quantitative, but it doesn’t require a lot of computing power – after all, it was developed in the 1950s before computers were really on…
…Transparency, I wanted to comment on Performance Transparency. It is common for prospects to give us a copy of their existing portfolio statement to review and comment on. A couple…
