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Devo
TIPS pricing has improved compared to 1-2 months ago. Nothing quite like Ibonds unfortunately.
If a person picks up 2 jobs is that counted as +2 for non farm payrolls and unemployment rate? I heard that recently and @crash your comments refreshed that thought and its implications
Consensus forecast for mom CPI for May 10th is 0.4% That would be bring April CPI index to be 303.01 and not the 302.09 that Ycharts has fwiw. So YCharts must have a different number for some unknown reason.
@yogibearbull thanks for checking. this is what Ycharts said. The data is from April 12th, presumably for the April 10th release.
Stats
Last Value 302.09
Latest Period Apr 2023
Last Updated Apr 12 2023, 20:00 EDT
Next Release May 8 2023, 19:00 EDT …
I agree with you on the illiquidity aspects as well as the complete destruction in 2008. Part of the problem then and up until last one or two years has been that Deflation has been the monster in the room. Even a month ago, as recession fears incre…
I actually don't see a government bond portfolio, or for that matter anything in financial life, as something that I should decide today and never change my mind on. In fact, I promise I will change my mind if I have the wisdom to grasp the facts an…
To add to these 4 above points the ability to withstand the constant distractions from Wall Street and the marketing champions. I put the chances are almost zero for the majority of the investors base. Accepting powerlessness is helpful in not givin…
The concern is that there is a lot of Twitter stuff on how this is going to destroy regional banks and eventually fdic fund. So it is important to throw light on this matter
@yogibearbull my column on TIPRX Bluerock Real Estate a few months ago was focused on this but I clearly didnt have the wisdom to extrapolate to it to everything else that was not marked. Need to push the mind.
Thank you @yogibearbull for starting this thread. I have a few questions on this. What is the maturity profile of CRE debt over the next few years? Will the rates be going up significantly or are the loans floating rate in the first place?
@TheShadow do you mean transfer the fund position to the brokerage account? also is this generally true of other funds too? That once you buy directly with them, the position can be transferred out? Does it depend on the target brokerage account's a…
Thank you. Is there any report which shows how many accounts a public mutual fund has from any other data source? I am assuming there isn’t but would love to see if data exists.
The bond market has exactly the opposite view on inflation. It is screaming that inflation is entirely in control and headed down. projected longer term inflation now in the bond market is about 2.1% I admire the confidence of bond traders. But f…
Oil had somewhat settled into a 70-80 zone. There was some btfd at 70 going on. That unfortunately ran into bond markets gone wild. Stops got triggered. Sharp stop loss selling.
Berkshire holds up well at first in sell offs It’s defensive quali…
Strong rally in bonds. But now we have to deal with the inflation tomorrow. Imagine the horrors of a strong inflationary print and banking halts. Don’t envy the FED.
I apologize. My instinct is to compare the amount I would invest vs the cost of research. That doesn’t have to be everyone’s metric. I find fidelity to be ok as well.
a big bank can take over all the deposits among other assets and thus make deposit holders whole. Indymac deposit holders lost. but other banks deposit holders were ok. requires a JPM type bank to step in and get paid for taking care of the mess. Le…
Do business with solid institutions. We don't have to try out anyone's latest innovation or gimmick in matters of money. Although SVB was 50 years old? its hard to know in these situations. but explains why JPM is up 2.5% today. when in trouble, eve…
It is days like today that justify holding longer term bond positions. That they can serve as a hedge while also providing some inflation + returns is two gifts packed in one. This negative correlation with equities does not always work so a huge do…
The article starts with the hope vs reality. Too many inflation products have NOT worked out for investors. Either the products are poorly constructed or there was too much duration risk. The same inflation which benefits TIPS also makes the Fed haw…
