Tag: bonds

Bond and Pension Struggle in Puerto Rico

E.J. Smith - Your Survival Guy - August 29, 2016

You get an idea how the struggle between bondholders and pensions quickly turns into a political nightmare, as reported in the WSJ: San Juan, Puerto...

Once in a Lifetime Stress?

E.J. Smith - Your Survival Guy - June 10, 2014

You need to check out this stress index. The Kansas City Financial Stress Index is a monthly measure of stress in the U.S. financial...

The 10 Largest Bond Funds

E.J. Smith - Your Survival Guy - June 1, 2014

Investors are taking on more risk—and are doing it in a major way. Bond funds, which should be your anchor-to-windward money, are loading up...

The 10 Largest Bond Funds: Part II

E.J. Smith - Your Survival Guy - May 30, 2014

Yesterday I wrote to you about how the 10 largest bond funds are increasing risk by loading up on junk bonds. The only fund...

Counterbalancing for the Crushing Market Declines

E.J. Smith - Your Survival Guy - November 26, 2013

A counterbalanced portfolio is your key to investment success. For an example of how counterbalancing works I’ll point you to the Vanguard Wellesley fund....

Don’t Just Do Something, Stand There!

E.J. Smith - Your Survival Guy - November 4, 2013

Another example of investors heading for the exits at precisely the wrong time. This time it’s the largest bond fund PIMCO Total Return run...

Detroit Muni Bonds to Pay Less than 10 Cents on the Dollar

E.J. Smith - Your Survival Guy - June 17, 2013

With Detroit on the brink of bankruptcy the latest workout has muni bondholders receiving less than 10 cents on the dollar. I don’t want...

Obama and Bernanke Stick It to the States

E.J. Smith - Your Survival Guy - September 27, 2011

U.S. Federal Reserve Chairman Ben Bernanke and Obama’s White House are sticking it to the states with their misguided policies. Bernanke is doing the twist,...