Archive for the ‘Uncategorized’ Category

“Are we really supposed to believe that the Federal Reserve is going to delay hiking rates because the CPI has been running a tiny fraction below the central bank’s 2.0% target?” No, the Federal Reserve won’t delay draining reserves again due to CPI.  They’re going to delay draining reserves again BECAUSE THE BANKS ARE STILL ONE […]

My very good friend and fellow bond investor recently shared with me an exchange he had with one of his stock fanatic buddies. A common myth among the fanatics is that stock investments, over time, generate higher rates of return than bond investments. In response to this assertion my friend presented the following chart he […]