Bob's Journal
Found 465 Articles.
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December 2010
December 29, 2010 11:00 a.m. TCW Strategic Income Fund You might have noticed that yesterday the price of TCW Strategic Income declined substantially and the closing price was below our sell price. I’m recommending that you hold on to the fund if you haven’t sold it yet and consider repurchasing if you sold it. Here’s […]
November 2010
November 26, 2010 04:00 p.m. China and the Fed I apologize for some data errors in the December 2010 issue of Retirement Watch. The allocations in the recommended portfolios are incorrect. Also the buy above and sell below prices of Harbor High Yield are inverted. A corrected PDF of the data is posted to the […]
October 2010
October 29, 2010 12:00 p.m. Negative Interest Rates, QE 2, and more The most interesting news in an interesting week was the auction of Treasury Inflation-Protected Securities (TIPS). Investors bid so much for the bonds that they will earn a negative interest rate until they mature in five years. They paid over $105 for $100 […]
September 2010
September 24, 2010 02:15 p.m. Approaching the Precipice Again The housing data over the last week was very bad. Here’s one of many examples. There is no demand for homes. The government support for the market is withdrawn, and it did not put a floor under prices and lead to the higher demand for homes. […]
August 2010
August 25, 2010 02:15 p.m. Earnings vs. the Economy A number of stock market bulls buttress their advice with the point that corporate earnings growth is very high despite the disappointing economic data. They say don’t worry about the economic data, because the earnings prove companies continue to produce profit growth. A look at the […]
July 2010
July 26, 2010 12:30 p.m. A Week of Surprises Last week was filled with surprises in the economy, markets, and media. Here are some items that grabbed my interest during the week. For some time the stock market moved based on surprises in economic and financial data. Positive surprises and a rising stock market dominated […]
June 2010
June 25, 2010 11:00 a.m. Always Interesting Investments There always are interesting investments, said Rob Arnott, manager of the PIMCO All Asset fund, a component of our hedge fund mutual fund portfolio. Arnott forecasts that inflation hedges will be a very interesting investment over the next year or two as a deflationary trend takes hold […]
May 2010
May 26, 2010 10:00 a.m. Updating Our Portfolios The world’s markets finally lost the momentum that was pushing them upward for many months. Stock indexes are below many key levels (such as the 200-day moving average). Market internals (such as the number of stocks hitting new lows and the ratio of the number of stocks […]
