Author: Bonddad

Does anybody remember the old EF Hutton financial services commercials?  The commercial stated: “When EF Hutton talks, people listen.”  As a fan of good advertising, I loved these commercials.  Fed...

There has been a great deal of talk about interest only loans, but no one has really explained what these new methods of financing are.  Well, by the time you read all the way through this article, you should know what an...

For those of you unfamiliar with his work, Steven Roach of Morgan Stanley Dean Witter is one of the foremost economic commentators on Wall Street.  His current article is titled “The Big Squeeze” and its focus...

DIA +.05%, SPY -.09%, QQQQ +.51% 10 Year Treasury, +1/4 yielding 4.16% Today’s big news was the Fed’s ¼ point increase of the discount rate, which they announced at 2:15 ET.  However, they left a sentence...

DIA +.69%, SPY +.56%, QQQQ +.40% 10-Year Treasury +3/32, yielding 4.20% Oil was again a driving force in the equity markets.  Stocks rallied after oil dropped below $50/bbb.  When oil rallied, stocks maintained their...