Word: bonding
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...headed back up to zero after last week's durable goods number. Dare we look for another Friday pop? Well, on a day likely to be peppered with statistics showing this August to be the worst for equities since 1992, pie-eyed optimism should be at a premium. The bond markets have it right - they...
...week. Wall Street has a saying that "You can?t fight the Fed." For the Fed, there?s an expression for when its monetary policy has had no luck fighting Wall Street, when short-term rate cuts run up against an unwillingness to spend the cheaper money, or when bond traders stubbornly keep longer-term rates high because they think the Fed is sowing long-term inflation. It?s called "pushing on a string...
...economy. The President's tax cut had a price too: it leaves less surplus to pay down the nation's debt, a condition that puts upward pressure on yields. Inflation--the scourge of fixed incomes--has doubled from its low 1.6% annual rate 18 months ago, lending heft to bond-pit suspicions that a recovery has taken root...
...long rates to be chopped now, something would have to shoot holes in the perception that the economy has hit bottom. More bad news from manufacturers? Nah, that sector is already comatose. But if housing suddenly stumbles, the bond market might rethink all this nascent-recovery stuff and finally give us the lower long-term rates that could make a difference...
...that leave you? With the stock market in a funk, a home is still a great investment. Mortgage interest is tax deductible. Capital gains are often tax free. With today's easy home-equity lines, investment gains in a house are as liquid as those from a stock or bond. Don't look for home prices to crack in a big way--just enough so that long rates finally ease and trigger another refinancing wave that should underpin the economy. If, that is, bond traders finally...