Flight to Safety Keeps a Lid on Interest Rates The flip side of a (very) rocky stock market so far this year is cheaper mortgages for home buyers. That’s because investors seeking safety pile into bonds. That drives bond prices up . . . and interest rates down (bond prices and interest rates move inversely...Read More
Making the Mattress Look Good “Investors are willing to lose a little to make sure they don’t lose a lot.” –“Accentuate the Negative”; The Economist (1/24/2015) Could today’s already infinitesimal interest rates ever actually fall below zero, to the point where mortgages sport negative interest rates? My knee jerk reaction is, “Of course not! That...Read More
From Star Growth Company to World’s Biggest Cash Cow Before tackling what turns out to be the not-so-novel question, “Is Apple the New Microsoft?,” I thought I’d check Google to find out how many other people had the same thought. Answer: a lot. Even more interesting, though, was when the query (observation?) first started popping...Read More
