Daily Archives: December 17, 2009

I think you spell that D-E-F-A-U-L-T

But given the low historical level of rates and the fiscal challenges looming as baby boomers retire, investors who buy long bonds at a recent 4.5% may not be getting compensated for all the risks they face.“Bond traders never think … Continue reading

Posted in Armageddon | Leave a comment

The Soundboard: Almost Christmas week Edition

This morning I spent an amount equal to my truck payment on books for my new part-time career as a college student. And remember, I’m only taking two classes this first quarter. Tell me education isn’t a racket. I dare … Continue reading

Posted in Kewel! | 2 Comments