مدونة

When the price goes up, the yield goes down… that’s fixed-income-investing 101. It’s the first thing you learn when studying the bond market. For some, it takes time to figure out why, but at some point it just clicks and makes sense. Making sense of the equity and fixed-income markets

As the summer winds down with the economy in tatters, it seems that people are asking how much longer can we deal with what seems like one crisis, natural or manmade, after the other? The answer is lots. Our resolve is strong and our future is bright. I know this

Unlike other folks who have been devoting enormous amounts of text to Standard & Poor’s downgrading of the U.S. debt, I have decided to say nothing about it. After all, what can I say, except to repeat previous posts about the problems with the rating agencies? Not again… I mean

Whether you love him or hate him, you’ve got to respect him… The person I am talking about isChris Christie, the RepublicanGovernor of the Garden State. The man who is clearly not a man of all the people in New Jersey – take note of the many anti-Christie billboards that

Disgraceful, disgusting, and despicable are the only words that I can think of to describe the government’s ruling that it won’t provide health care and additional resources to 9/11 responders who’ve developed cancer since that day almost a decade ago. For those of you with a short attention span, these

It seems like everywhere you go there is a policy. A policy about how to return things, a policy about additional fees, a policy about toys on the beach, a policy about where to park, a policy about where to sit in the park, a policy about this and a

Over the last few months I have been focusing my writing energies on, well, not writing at all. It seems, ladies and gentlemen, that yours truly has been at a loss for words. Not sure if it is because of the awful start the Sox got off to in March

This just in: The death ofbusiness cards is coming–and coming fast. Yeah, I know, I’ve been saying this for quite some time, but now it seems that the people at Harvard Business Review are subscribing to my theory that people who want to get in touch in a digital age

It’s very clear that the one lesson that investors all over the world learned from the credit crisis and market turmoil over the last two-and-a-half years is that markets don’t always rise. Many investors, sophisticated or not, before 2008 believed that what went up continued to go up. Well, many

This just in – hedge funds are important liquidity providers… The Financial Stability OversightCouncil wrote in a draft report that without hedge funds in the market, well the markets might freeze. It seems that these folks figured out that hedge funds provide liquidity when other market participants sit on the

This just in – Bernie Madoffknew who what when during his thievery. Yawn. The last few days the media have been having a field day covering Madoff’s revelations as told to The New York Times reporter Diana Henriques. Her story, which consisted of material from an interview and email exchange

Earlier this week, hedge funds filed 13-F reports detailing their significant holdings for the period ended December 31. The information from the filings is headline-grabbing, After all, knowing who owned what when is crucial to creating a diversified portfolio. Click here to read the story. And while I’m sure that

The shorts are coming, the shorts are coming, or at least information aboutshort positions is coming. France, best known for its capitalist tendencies and wine, has put in place a new regulation that requires investment managers – i.e., hedge fundmanagers– to report their short positions. The idea is to help