Blog

Munis: What to Do Now

The prices of municipal bonds are plunging to depths last seen during the financial crisis. At least one high-profile analyst is predicting widespread defaults. And a big asset manager is putting its expansion into munis on hold. Is the situation in muni-land really...

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Are ‘Alternative’ Bond Funds Safe?

A new crop of "alternative" fixed-income mutual funds employs hedge-fund-like tactics to protect against rising interest rates, defaults and other bond-market hazards. So far many have performed well—but they come with their own set of risks. Article Here... Article...

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Stat of the Day 10/1/2010

Some statistics regarding the recent performance of the S&P 500 Index (price only, ignoring dividends), as of 9/30/2010:   3rd Quarter 2010 return:                          10.7% 2010 Year-to-date return:                            2.3% 2010 High price to current...

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