by Kris Sayce on January 26, 2010
We may have covered this subject before, so apologies in advance if we’re repeating ourselves.
However, it’s easier for us to just bang out 1,500 words than it is to trawl through the archive to check up what we’ve written about previously.
We did used to have a little spreadsheet where we would note the topic of each day’s article, just so we could rely on it for occasions such as this. Unfortunately, that stroke of genius only lasted about a week before we became bored with it!
Anyway, back to the point, what do yields tell you about an investment?
Well, in the good old days, the yield of a stock, bond or cash was a good indicator for investors about the relative risk of an investment.
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by Kris Sayce on December 21, 2009
It’s all over and not a single one-world government in sight.
What a lot of fuss about nothing.
It makes one thing pretty clear. The threat of Climate Change really can’t be as bad as the pollies have made out. I mean, if doing nothing really will lead to catastrophic flooding and the near-end to the world then you’d think they’d come to some sort of agreement.
Anyway, aside from that, the outcome of the Copenhagen Conference at least proves that if Climate Change does exist then it most certainly won’t be ‘cured’ by politicians at conferences.
In fact, the Copenhagen Conference provides a perfect example of how consensus politics will always lead to failure, and how the only solution to Climate Change – if one is required – is to leave it to a free and un-manipulated-by-government market.
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by Kris Sayce on December 15, 2009
We’re still beavering away on the December issue of Australian Small Cap Investigator this morning. But we’ve just enough time to take a break and knock out today’s edition of Money Morning.
We were heartened by news yesterday that Standard & Poor’s (S&P) had given an AAA rating to $920 million worth of residential mortgage-backed securities issued by Westpac Banking Corporation [ASX: WBC].
According to S&P:
“The preliminary ratings reflect our opinion of the transaction’s credit support, collateral pool, servicer, and other features based on our current criteria and assumptions.”
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by Adrian Ash on December 8, 2009
THE PRICE OF GOLD reversed Monday’s 2.4% rally vs. the Dollar early today, only to bounce sharply as world stock markets fell and the Euro currency dropped to a one-month low beneath $1.4750.
The gold price in Sterling and Euros held above £700 and €775 respectively.
Crude oil fell through $73 per barrel. US Treasury bonds rose, pushing yields lower.
European equities lost almost 2.0% by lunchtime in London.
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by Kris Sayce on September 22, 2009
If you’ve got kids readers, you’ll know what the little… angels are like.
They ask for a donut – you say, “No.”
So they ask again. This time you say, “Only if you behave then.”
Of course, they agree, and you buy them a donut. Shortly after they’re as naughty as they were before.
So, what do you do? You can’t take the donut back because they’ve eaten it. So you tell them you’re not going to buy them one the next time they ask. But of course you crumble under the pressure. Anything to stop the shouting and screaming in the middle of the shopping mall.
Kids 2, Parents 0.
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