Doesnt End Badly News Today

“I take my hat off that you are able to continue picking up pennies in front of a steamroller. Reading your newsletter, I scratch my head in amazement at your ability to increase your exposures in a market you admit is the most expensive ever.” – @mlevin999 That was a comment I got on Twitter following  a recent newsletter.  where I discussed increasing our exposure concerning our short-term  “buy signals.” To wit: “The uptick in money flows did allow us to add some exposure to ...

“I take my hat off that you are able to continue picking up pennies in front of a steamroller. Reading your newsletter, I scratch my head in amazement at your ability to increase your exposures in a market you admit is the most expensive ever.” – @mlevin999 That was a comment I got on Twitter following  a recent newsletter.  where I discussed increasing our exposure concerning our short-term  “buy signals.” To wit: “The uptick in money flows did allow us to add some exposure t...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

the  future return of any bond, on the date of purchase, is calculable to the 1/100th of a cent, a bond buyer will not pay a price that yields a negative return in the future.  (This assumes a holding period until maturity. One might purchase a negative yield on a trading basis if expectations are benchmark rates will decline further.)  As noted, since bonds are loans to borrowers, the interest rate of a bond is tied to the prevailing rate environment at the time of issuance.  (For this dis...