ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Investment Strategy: Banks May Not Be Lending, But They Are Buying Treasurys – CNBC With credit conditions still tight and Congress likely to clamp down on risk in the financial industry, banks are turning toward the safety of government debt, helping keep interest rates low but still not providing credit to consumers. (tags: treasuries banks)
The CNBC interview post below with Marilyn Cohen (from Envision Capital and author of “Bonds Now!: Making Money in the New Fixed Income Landscape“) is a good watch for anyone interested in fixed income. One key statistic that caught my attention was Cohen’s claim that more money went into bond funds last year than went … Read more
NYC tenants in defaulted properties demand fixes – Yahoo! Finance But in the chaos of the national housing collapse, in thousands of buildings like this one that have fallen into default and where tenants have watched the owners walk away, the answer to one simple question is not always clear: Who is responsible for fixing … Read more
CBC News – British Columbia – New mortgage rules take effect Federal mortgage rules implemented two months ago aimed at turning down the heat on Canada's red-hot real estate market took effect on Monday. (tags: Canada housing mortgage) Atlanta’s affordable housing ranking low – Atlanta Business Chronicle: The four most expensive major markets for housing … Read more
PBS Newshour aired a segment on Tuesday’s show called “Mortgage Defaults” as part of its “Making Sense” financial series (click here for video, segment aired 25:45 to 35:00). I highly recommend that anyone interested in real estate watch this segment. Newshour picked three example Floridians who are dealing with defaults on their mortgages: A restaurant … Read more