I first mentioned Treasury Inflation Protected Securities or TIPS in an article on August 28 when I noted that “the TIP’s ETF has “broken out” as it appears to be attracting the interest of investors.” Since that time, the i-Shares Lehman TIPS Bond Fund (symbol: TIP) or TIP’s ETF is up 3%. Figure 1 is [...]
The only asset moving up over the last week has been longer term Treasury yields. This is odd especially in the face of equity market weakness and especially since demand for Treasury bonds has outstripped supply over the past year. So why are yields moving up now? Maybe yields are rising in anticipation of buyer [...]
If Treasury Inflation Protected Securities (TIPS) are going higher, then yields on the 10 year Treasury bond are going lower. See figure1 a weekly chart comparing the yield on the 10 year Treasury bond (symbol: $TNX.X) in the top panel to the i-Shares Lehman TIPS Bond Fund (symbol: TIP) in the lower panel. There is [...]
I last mentioned Treasury Inflation Protected Securities or TIPs in an article written on September 10 entitled, “If You Don’t Like ‘em, Then Don’t Trade ‘em”. In that article, I discussed the fact that there were other places to look for that “fat pitch” besides U.S. equities. If you didn’t like the risk in equities, [...]
I was recently introduced to “WealthTrack”, a business program on public television hosted by Consuelo Mack. I watched several of the episodes and was totally impressed with Ms. Mack and the caliber of her guests. More importantly, Ms. Mack asks the right questions and lets her guests talk. Ms. Mack is more concerned with her [...]
Last night I read somewhere that the problem with the equity markets was that no one really liked them (except for Cramer), yet that was the precise reason why the markets continued to go up day after day – nobody really liked them. Kind of odd, I guess. However, as someone who likes to bet [...]
You are not alone if you feel a sense of increasing risk as the equity markets continue to elevate after a 50% plus run in 6 months. One can only imagine what kind of moon shot would have occurred if the fundamentals were really good as opposed to less bad. Nonetheless, buyers of the i-Shares [...]
