Well the week is a wrap, but we can all be certain that next week and each week for as far as the eye can see will be just as much fun in markets and economically speaking. I’ve been so busy with ‘real work’ that I didn’t buy or sell a single share thi…
Well with the war in the Ukraine you know that the week will probably be wild–lots of ups and downs. Our hope for the week is that interest rates will stabilize in the 2.40% to 2.50% area and give preferred stock and baby bonds a bit of a respite–fir…
Liberty Broadband (LBRDA and LBRDK) is a company that has been mentioned in some comments the last few days–and has been discussed frequently by investors on this site. Liberty Broadband is really a company that exists to hold a 26% stake in cable gia…
No matter how much I ‘hope’ that interest rates have peeked out–they have no respect for me and keep going higher. For this week we are off about 20 cents on the average share which pretty much brings us to even for the last 2 weeks since we had a 18…
Wow these interest rates are moving too high too fast–guess Powell is putting ‘the fear of God’ into everyone with his hawkish speech yesterday. On the other hand while rates have popped as high as 2.39% today, before settling into the 2.37% area the…
Another wide range of trading in the S&P500 last week –a low of 4162 and a high of 4465 with a close on Friday around 4463 which is 6% above the close of the previous Friday. The 10 year treasury was up about 15 basis points on the week, closing a…
After Monday of this week the investment gains have been pretty stellar for everyone–whether you were in preferred stocks, bonds or obviously common stocks. Seems common shares should be peaking out (or not moving higher) all things considered, but th…
So we are now at the point where we will actually have a Fed Funds interest rate increase tomorrow–almost certainly 25 basis points (1/4%). What we don’t know is how dovish or hawkish Jay Powell will be at the press conference after the rate hike is a…
Well another pounding for the income issues today. On one hand I am salivating looking at potential buys while on the other hand I am licking my wounds from the perpetual holdings I have which got whacked. The $25/share issues took average losses of ju…
Last week the S&P500 fell by about 2.9% as the Russia/Ukraine war rages on and we are not seeing a likely resolution on the horizon. The 10 year treasury traded in a fairly large range of 1.71% to 2.2% before closing the week at 2.00%. Rates are sh…
Well even with the supposed flight to safety in treasury’s rates are popping pretty hard. We were as low as 1.72% on Monday and now with the hot CPI number tomorrow we have gone as high as 2.02% and now at 2.01%–seeing lots of red today. I noticed som…
Let’s toss more fuel on the fire with a red hot Consumer Price Index number. Forecasters are looking for 7.8% year over year–of course we know it will trend higher in the months ahead with energy prices as high as they are right now. I’m not so certai…