Bond Market

The Treasury announced they will begin to inject capital (money) into banks, under terms created under the bailout bill.  This article will try to walk through, in English, what this all means. (…)

Quick history lesson: Mark-to-the-Market was a practice originally begun by futures and commodity traders in the 19th century.  Essentially, mark-to-the-market means your holdings must be "priced" every night…at the price they can be sold at. (…)

In one of my most recent posts I discussed the "ready to explode" product issued by brokerage firms called "auction rate preferred securities."
Well, that didn't take long. (…)

"Mr. Valentine has set the price!"
Or, in this case Mr. Bernanke sets the price. (…)

You may not have heard of the term "auction rate preferred securities."
Yet.
If you have not, you probably will soon. (…)

Let's talk about Fannie Mae and Freddie Mac.
How could these two companies be "OK" a week ago — and now this week they seem on the brink of disaster? (…)

UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
That is NOT a typo!
The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)

I've labeled this “the yikes spiral” because typically this happens when certain markets are in free fall. (…)

 Mullooly Asset Management Podcast: China, Latin America, and Bonds [3:23m]: Play Now | Play in Popup | Download

China and Latin America currently holds the top scores for mutual funds. This is clearly where the money is being made at the moment. And the average Chinese mutual fund is way overbought. (…)

 Mullooly Asset Management Podcast: Look at the Bond Market [3:32m]: Play Now | Play in Popup | Download

Look At The Bond Market
Hate being the party pooper, but I think it's important to remind people that when interest rates start to creep up, that's usually a sign that the party in the stock market may be taking a pause, or even coming to a close. (…)

 Mullooly Asset Management Podcast: Interest Rates are Rising [3:09m]: Play Now | Play in Popup | Download

Interest rates are on the rise. Why?
In my line of work, we never know the reason why certain events took place — until after they've occurred. (…)