Dollar Strengthens: http://www.nytimes.com/2008/10/06/b...l=1&adxnnlx=1223298035-XnQur8bmPXGASx50xR7f5g
While all of the equity investors are running around screaming, as a bond investor I seem to live in an alternative, much more calm and peaceful universe (for now ).
From my perch, as long as the dollar maintains its purchasing power and the yield curve doesn't get too far out of whack, I'm not overly concerned. The entirely deserved collapse of Wall Street will hit Main Street, and innocent people will suffer. However, as long as the gov't acts to strengthen the foundation of the economy - the taxpayer - rather than the parasitic and fragile superstructures built on top of the taxpayer, I'm not too worried. Eventually the gov't may come around to my point of view.
My favorite links:
Bloomberg.com: Key Rates
Bloomberg.com: Government Bonds
Bloomberg.com: Corporate Bonds
Bloomberg.com: Benchmark Currency Rates
While all of the equity investors are running around screaming, as a bond investor I seem to live in an alternative, much more calm and peaceful universe (for now ).
From my perch, as long as the dollar maintains its purchasing power and the yield curve doesn't get too far out of whack, I'm not overly concerned. The entirely deserved collapse of Wall Street will hit Main Street, and innocent people will suffer. However, as long as the gov't acts to strengthen the foundation of the economy - the taxpayer - rather than the parasitic and fragile superstructures built on top of the taxpayer, I'm not too worried. Eventually the gov't may come around to my point of view.
My favorite links:
Bloomberg.com: Key Rates
Bloomberg.com: Government Bonds
Bloomberg.com: Corporate Bonds
Bloomberg.com: Benchmark Currency Rates