By David Fry ( ETF Digest ): European stocks rallied early on news that the EU ministers are going for growth vs austerity. China had already chimed-in that it was going to do the same which provided a spark. Supposedly there's a rumor and story going around that Greece is being supported by a ...
By David Fry ( ETF Digest ): You had to expect some kind of reaction to extreme oversold conditions. There wasn't much in the way of news to account for the rally other than some eurozone leaders stating they wanted Greece to remain in the EMU. Obama backed more accommodative policies in the ...
By Jeffrey Dow Jones : I confess. I am a contrarian. Maybe you've heard of us. We are the ones who ask, when things have gone very far in one direction and the general consensus is that they'll go even further, "perhaps it's time for a change ?" We are a minority (by definition), but not always a
… fund is attractive, especially when compared with similarly tenured Treasury bond investments such as iShares Barclays 7 - 10 Year Treasury IEF . VCIT's duration of more than 6.0 years exposes it to substantial interest-rate risk. Below …
… fund is attractive, especially when compared with similarly tenured Treasury bond investments such as iShares Barclays 7 - 10 Year Treasury IEF . CFT's duration of over 6.4 years exposes it to substantial interest-rate risk. Below-average …
… fund is attractive, especially when compared with similarly tenured Treasury bond investments such as iShares Barclays 7 - 10 Year Treasury IEF . LQD's duration over 7.6 years exposes it to substantial interest-rate risk. Below-average …
By Ploutos : Uncertainty abounds with regards to future interest rate movements in the long end of the Treasury curve. For obligations that often serve as a proxy for the "risk-free rate" in finance, given the full faith and credit backstop of the U.S. government, the returns of Treasury bonds in
… are wondering how that translates to bond values, let's take a look at some closed-end bond funds. Let's begin with ( IEF ), an exchange traded fund that corresponds to the 7-10 year U. S. Treasury Bond index. This fund is already down 4.2 …
… me -- a reminder that operating from memory has its risks: MUB:+2.0% LQD:+3.2% JNK:+4.5% TLT:(3.5%) IEF :(0.4%) Remember that these are not YIELD changes of or between ETFs or asset types --- just NAV performance. The Fed …
By Ploutos : Since the value of a stock today is its future earnings or shareholder dividends discounted back to the present, then price-to-earnings ratios should be in part a function of changes in the interest rate. Looking at the last fifty years of the S&P 500 ( SPY ) index's closing price to