Sep
07
2010
Here are some interesting Dividend Stocks . Notice that most of the stocks are well-known. The dividends are better than yields on bonds, certificates of deposit, and savings accounts. Of course there is price risk, so due diligence is required as always.
Sep
07
2010
This book The Great Reflation by Anthony Boeckh offers some interesting observations on our current recession and the government’s attempt to stop deflation.
Aug
29
2010
The number of mortgages that are underwater is staggering. The article “New CoreLogic Data Shows Second Consecutive Quarterly Decline in Negative Equity “ reports 23% of “all residential properties with mortgages were in negative equity at the end of the second quarter of 2010”. “Negative equity” means the mortgage due is larger than the equity in the property.
The state-by-state negative equity percentage is an eye-opener: Nevada, 68%; Florida, 46%; Michigan, 38%; California, 33%. Details are in the following document: CoreLogic Report.
These underwater mortgages are on top of the foreclosures. It will be years before this market recovers.
Jul
14
2010
Maiden Lane and the Fed’s Credibility reviews the Fed’s purchase of assets in the JP Morgan/Bear Stearns deal.
Jul
07
2010
Some interesting observations about the direction of the S&P 500 can be found in the following article: Be on the Right Side of S&P Earnings Estimate Cuts .