Tag Archives: bond

First a correction; and then another banner year for stock markets!

It shouldn’t be surprising that the current ‘mood’ just oozes caution.   The market is kind of like the bear (I met one face-to-face in Alaska many moons ago while fishing in ‘his‘ creek) – at one moment the bear seems content and … Continue reading

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Tempted to buy gold? Better to be patient!

On January 8th, I published Why the price of gold skyrocketed and why it’s over! I’m beginning to see (finally) some acknowledgement that the price of gold inflated by the fear that a collapse in the global financial infrastructure was … Continue reading

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Correction done? Don’t bet on it!

On March 20th, I published the following quote in my regular money.ca blog entitled: Reacting to headlines is perilous! Most worrisome: Jim Cramer (wait long enough and you’ll eventually be right) is more wound up than a four-year old high … Continue reading

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Rising i-rates: More than bonds will get hammered!

In a recent “Investor Alert” the Financial Industry Regulatory Authority (FINRA) warned the investing public: If you have money in a bond fund that holds primarily long-term bonds, expect the value of that fund to decline, perhaps significantly, when interest … Continue reading

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Don’t be fooled – it “is” a bond BUBBLE!

Are these folks shopping for US Treasuries? Thirty years ago, when I got my first job as an investment analyst (Canadian Pacific Pension Fund) the bond managers were a sad bunch. Rates had gradually climbed (i.e. bond portfolios kept losing … Continue reading

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Is the market on thin ice?

This morning I read this in a note from a trader friend of mine: “Activity still too mixed to suggest we’re going higher – like walking on ice – you don’t know when it will crack so I would prefer … Continue reading

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Debt rating agencies – worse than short sellers for corrupting markets!

Experience teaches you that dramatic initiatives to remedy errors (reactive) occur long after they can have any effect. Also one learns that the enthusiasm to impose remedies causes massive inefficiencies. The problem is that the imposition of new ‘preventative’ measures … Continue reading

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Bond rally or feint? Bullish stocks again!

What’s changed between now and a year ago?  There’s no shortage of people that think nothing much has changed.  Greece and Portugal are still up the creek, and if anything they owe more money than before so things are worse.  This … Continue reading

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Short sellers are the muggers of the financial industry.

  This rant is inspired by a series of articles in the Toronto Globe & Mail examining “Stocks that are attracting lots of pessimism.”  Essentially they screened for the highest short interest ratios among Canadian and U.S. companies last week.  … Continue reading

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