http://www.bloomberg.com/news/articles/ ... se-anymore
I couldn't really make much sense of this.
Swap Spread Negative
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Jack Jones
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buddtholomew
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Re: Swap Spread Negative
It tells me that treasuries are becoming more risky than corporates of the same duration.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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MachineGhost
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Re: Swap Spread Negative
This sounds like the very defintion of Tight Money which is why I've been raising cash.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Swap Spread Negative
Raising cash? Any idea how much of your portfolio is in cash right now percentage-wise?MachineGhost wrote: This sounds like the very defintion of Tight Money which is why I've been raising cash.
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MachineGhost
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Re: Swap Spread Negative
About 63%, up about 13%.Greg wrote: Raising cash? Any idea how much of your portfolio is in cash right now percentage-wise?
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Swap Spread Negative
up 13% from where? 50%?
(50 + 13 = 63)
(50 + 13 = 63)
Background: Mechanical Engineering, Robotics, Control Systems, CAD Modeling, Machining, Wearable Exoskeletons, Applied Physiology, Drawing (Pencil/Charcoal), Drums, Guitar/Bass, Piano, Flute
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
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MachineGhost
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Re: Swap Spread Negative
Yep!
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Swap Spread Negative
Wow. that's a lot of dry powder as Craig would put it. You are quite the pessimist hah. 
Background: Mechanical Engineering, Robotics, Control Systems, CAD Modeling, Machining, Wearable Exoskeletons, Applied Physiology, Drawing (Pencil/Charcoal), Drums, Guitar/Bass, Piano, Flute
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
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MachineGhost
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Re: Swap Spread Negative
More like I couldn't find any value! Stocks -- nope. Bonds -- risky. Gold -- downtrend. At least I nibbled.Greg wrote: Wow. that's a lot of dry powder as Craig would put it. You are quite the pessimist hah.
I do think we're going to look back at this losing year as "Tight Money"... even if its more psychological than fact. But since when did facts ever move the market???
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Swap Spread Negative
There's probably value in the energy sector if you were feeling crazy brave.MachineGhost wrote:More like I couldn't find any value! Stocks -- nope. Bonds -- risky. Gold -- downtrend. At least I nibbled.Greg wrote: Wow. that's a lot of dry powder as Craig would put it. You are quite the pessimist hah.
I do think we're going to look back at this losing year as "Tight Money"... even if its more psychological than fact. But since when did facts ever move the market???