For a person in love with bonds, the beginning of 2013 has been quite trying. The 10-Year Treasury, yielding 1.70% on Dec. 28, is now about 1.85%. I firmly believe…
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Posted in Investing
Tagged China, European Central Bank, fixed income, Treasuries
Along with other famous putative quotations such as Bismarck’s supposed comment on legislation and sausages and Deng Xiaoping’s on the glories of getting rich, the witty remark about Americans doing…
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Posted in U.S. Policy & Politics
Tagged fiscal cliff, fiscal policy, taxes
Investors may be surprised to learn that equity markets posted solid returns for 2012 despite the now-familiar concerns—the U.S. election, the Eurozone sovereign debt crisis and slowdown in China—that made…
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Posted in Investing
Tagged equity, investment portfolio, mutual funds, OppChart, stocks
Investors often live in a state of denial. In the good times, we’ve seen investors reject the notion that the party will ever end. In the bad times, we’ve seen…
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Posted in Global Economy
Tagged debt ceiling, European Central Bank, fiscal cliff, U.S. economy
As we head into 2013, I have a sense of déjà vu. It’s as if we’re back in the late 1970s or early 1980s: Many investors are fearful about the…
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Posted in Investing
Tagged bonds, emerging markets, equities, fiscal cliff, fixed income, investing