Today’s mortgage interest rates are well below the highest annual average rate recorded by Freddie Mac — 16.63% in 1981. A year before the COVID-19 pandemic upended economies across the world, the average interest rate for a 30-year fixed-rate mortgage for 2019 was 3.94%. The average r...
“Diversification is the only free lunch”. There are two primary ways to achieve investment diversification in a portfolio. The first is to pick more than one stock or bond. The old rule of thumb is that if you buy about 30 individual stocks you can create a “diversified...
From the forest, not the trees, banks pay for their earning assets with new money. So, from a macro-accounting perspective, all bank-held savings are un-used and un-spent, lost to both consumption and investment. Ergo, non-inflationary supply is reduced. I.e., as an increasing volume a...
Top –Treasure and Bond Overall lovely palettes for an almost-complete makeup look. I do think the Dark Palette has enough colors for me to create a complete look. The Light Palette is one I think fair to light skintones will find suitable for a complete look. For me I need one more ...
Let’s get this out of the way up front: the worst call I made last year was for the Dow to crumble down to 4000 when, in fact, it melted up to a new all-time record high of about 12,500.
As you drive around the great state ofTexasyou find so much beauty, it’s a wonderful place to live. But when you’re enjoying all that Texas has to offer it’s difficult to look past one glaring issues that we’re seeing pop up everywhere and that has to do with businesses needing ...
It highlights the expectation of market participants on bond buybacks. It mentions that the Federal Open Market Committee has warned investors of damage to the municipal markets. It discusses the issue of Pennsylvania Economic Development Financing Authority parking revenue bonds which have been priced...
I got a second opinion, and now have a PT who has ALSO hiked the 48 4ks and can advise me with great precision “Yeah, so we start with Monadnock and we work our way UP to the Bond Traverse”. There’s hope that with very specific strengthening I can work around the damage that ...
It's been driving you all crazy! You've been texting, calling and even stopping us in the street to take a guess.And no, Googling it will get you nowhere. It...
Amazon has a history of issuing callable 40-year bonds, and then calling them when it’s good for Amazon and bad for the bondholder, namely when yields have dropped and cheaper funding is available, which would normally push up the price of the bond, but Amazon pays the...