Undertaking a balance sheet analysis of any single TARP recipient bank seems "too much like hard work" for most investors. Post FASB revised asset values and TARP fund side effects have tainted the traditional balance sheet appraisal process. It seems that these institutions have become trading vehicles rather than investments and that current valuations of
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Bill Gross of PIMCO began his June outlook statement with the fitting quote from Abraham Lincoln stating, "You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time". Perhaps there are a few more fools than
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The genre of investing known as "fixed income" has been written off by most investors over the past decade as uninteresting, largely due to the seemingly dry nature of the bond market. Returns on bonds are more stable compared to stocks but generally lag profits made by the basket of S&P 500 equity shares amidst
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While the GDP revision came in slightly worse than expected at -5.7% Q1 growth, the main issue facing markets Friday is the potential for an inflationary environment spurred by U.S. Treasury rates increasing. The $2 Trillion of Treasury debt to be auctioned throughout the remainder of the year has frightened bond markets and equity markets
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