Bill Gross, the bond king, should spend less time on television and more time in his office shoring up the poor results of his PIMCO Total Return Fund. It has ... Read Full Story »
As expected, the European Central Bank has followed through with some of the market expectations of a rate cut. Unfortunately, not all rate cuts are created equally. Thursday's decision from the central ... Read Full Story »
With many Master Limited Partnerships (MLPs) trading at or even above some of their expected target prices, we wanted to take a year-end look into the sector to see where ... Read Full Story »
The entire world now knows about the European Union warnings from S&P on Monday. This morning came word that the 'AAA' long-term credit rating on the European Financial Stability Fund ... Read Full Story »
We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the ... Read Full Story »
Jon Corzine was supposed to be the poster boy for modern-day finance... From the King of Finance, to New Jersey's governor, and back to Wall Street. Now Corzine is just the King of ... Read Full Story »
Sprint Nextel Corporation (NYSE: S) has decided not to leave Clearwire Corporation (NASDAQ: CLWR) in the dust. The two companies have had a history of tie-ups and the risk that ... Read Full Story »
The Federal Reserve has issued some news that equity investors are going to love, and bond investors may enjoy the news as well as it could stop the blood-letting of ... Read Full Story »
Standard & Poor's is at it again... more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed ... Read Full Story »
The new question of the week is whether or not Germany will get pulled down into the soup with the rest of Europe on the growing debt woes. A horrible bond ... Read Full Story »
Make this as good as official now that S&P has chimed in: NO RESOLUTION FROM SUPERCOMMITTEE!!! You already knew that the Supercommittee was really just the "stuper-committee"... Impasse, again impasse. The big ... Read Full Story »
The attack on Jefferies Group, Inc. (NYSE: JEF) is unfortunately reminiscent of larger implosions of firms formerly named Lehman and Bear Stearns. It almost does not seem to matter what Jefferies ... Read Full Story »
We have already seen the woes around the United States losing its prized "AAA" rating and then the attention focused elsewhere. The question became, who are the weakest Triple-A ratings ... Read Full Story »
OK, the ratings agency games have always been interesting and that is hard to refute. Today's news just takes the cake entirely. S&P has "clarified and erroneous message" when it ... Read Full Story »
If you have been following the flow of news in municipal bond land, you know all about Meredith Whitney's grandiose calls for waves and waves of municipal bankruptcy fears. The ... Read Full Story »