Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The action in the bond market is of interest. If rates manage to rise in spite of everything the Fed has done, it will be a real departure. I don't know what's going to happen, but if the ten year Treasury yield goes to 4% this will be a huge chan…
Annuities are not a desirable proposition for insurers. Just like a 30 year fixed mortgage is a poor risk for a bank, a fixed annuity is a poor risk for insurers.
The set of default actions dictated by previous legislation has been termed a fiscal cliff by some analysts. I must say that I view it as a piece of good luck. If nothing is done, there will be a cut in spending and a tax increase. This will inde…
