SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (291302)11/14/2010 11:09:39 AM
From: KayakerRespond to of 306849
 
Credit Fears, QE2, Elections Prompt Muni Selloff
By MATT PHILLIPS And JEANNETTE NEUMANN
NOVEMBER 13, 2010, 9:29 P.M. ET

Investors sold off long-term municipal bonds in the past week, sending a shiver through a normally stable market.

On Friday, yields on consulting firm Municipal Market Advisors' index of AAA-rated 30-year municipals were up 15 basis points—or 0.15 percentage point—from the prior week. That is the sharpest move in 18 months, said Matt Fabian, managing director at the firm.

Analysts and investors attributed the decline in price, which moves opposite to yield, to a number of different factors. They include mounting fears about the stability of municipalities' finances, the fate of the Build America Bond program, and effects of the Federal Reserve's bond-buying efforts....

online.wsj.com



To: Perspective who wrote (291302)11/14/2010 12:44:03 PM
From: ggershRespond to of 306849
 
Same thing here, haven't heard a thing in the MSM.
One little thing I heard though was Chicago got
downgraded, but that was a local radio station.

Yep, bubbles are hard to trade, never know when
they are going to pop. Those charts might only
sy Ben is not buying munis, but number three
seems to be the one that holds all the keys.
Trouble being there are to many locks! -g-



To: Perspective who wrote (291302)11/14/2010 1:52:50 PM
From: THRespond to of 306849
 
brother BC,

Interesting thoughts. I've been thinking a lot about this, say looking down the road ahead.

I have no answers yet, but the question I'm thinking about is how Bennie and the gubbermint are going to channel TRILLIONS to the states. And how do I profit from it (besides the usual gold and silver and miners from massive debasement).

Yes, we both hate this crap. But, no tears. You and I want a return to a world were the guy or gal with a brain can do some work, position, and profit based on what MUST happen. Now the idea of, "must" has been delayed (not canceled, but only delayed) by excessive monkeying by excessive monkeys. Still, the upside is that we can profit by determining where the monkeys will play next.

And right now, I'm not certain of that, but I'm paying attention and looking to find that direction.

GT
TH