Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Now that earnings season is done I expect news to be very slow. Priority Income Fund Announces 11.3% Annualized Cash Distribution Rate…
The S&P500 moved in a range of 4356 to 4458 a range of just over 2.3% before closing at 4406–a gain of .8% from the close the previous Friday. Markets seen to be undecided in which direction they would like to move. Friday started nicely up before…
Yesterday was a nicely green day in all my accounts—the 10 year treasury tumbling 13 basis points will do that. It is always helpful to have common shares move higher–although common shares being dragged higher and higher based on a few tech stocks…
Equities were down today – not dramatically, but 1/3rd% or so. Every time the market moves even a little bit lower the talking heads start the talk about it is ‘time for a retracement’ of the rally. So much nonsense – who the heck knows when the drop w…
Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Now that earnings season is done (or nearly done) I expect news to be slow. New York home inventory, sales drop amidst escalating mortg…
Once again yesterday we saw a pop higher in interest rates, as represented by the 10 year treasury, to the 4.34% level which was up 9 basis points from the Friday close. Apparently the highest rates since 2007 and up hugely this month. When I look at r…
Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Now that earnings season is done (or nearly done) I expect news to be slow. Franchise Group, Inc. Announces Completion of Merger SL Gre…
This is a topic which I have written about many times and was reminded of it when reading some comments on long term bonds (baby bonds) in one of the threads. When you are fearful–worried about risk to your capital the place to turn to is either ‘term…
The S&P500 moved lower last week – moving a range of 4335 to 4490 and closing at about 4370-a loss of about 2.1% The 10 year treasury moved in a range of 4.15% to 4.32%, closing the week out at 4.25% up about 9 basis points from last weeks close. T…
Equities are soft this morning with the S&P500 off about 1/2%. Seems global problems are contributing to the softness with a Chinese company (Evergreen) filling for bankruptcy. Investors continue to have plenty of options to sock money away in safe…
I am out of the office starting at noon today and not returning until 8 p.m. so will not be back in time to publish any news headlines today (Thursday).
The 10 year treasury yield is at 4.30% right now after the FOMC meeting notes showed more concern for ongoing inflation then markets were anticipating. These rates are knocking down preferreds and causing some pain. Personally I got a nice batch of div…