Articles

The municipal market continues to defy mean reversion, although last week modest spread widening did occur as the Treasury market unspooled some pricing strength up front and as opportunistic institutional holders took a chance to realize some gains. Still, the net effect was very limited and tax-exempts outperformed a flattening Treasury curve. There are still more things at work in our sector’s favor.

Tips on spending your tax refund - investing in yourself and the markets!

With the stock market rallying about 70% from last year’s low, investors, traders and economists are now thinking (and betting) that the economy is ready to bounce back and that America will see a great expansion in the coming months. Here are the biggest events and indicators you should look for when deciding where to put your money.

Former Federal Reserve Chairman Allan Greenspan has just published a paper which serves as a defense of his economic stewardship during the bubble years. The thesis of the paper is that a global savings glut, not a low Federal Funds rate led to the housing boom and its subsequent bust. In addition, lax regulation allowed banks to take on risk that they couldn't support.

Arizona's recent rise in home sales figures represents a disturbing trend.

Sure, it sounds great...until you consider the implications. Then it's just terrifying.

The Chinese currency is 50% undervalued, according to The Economist's Big Mac Index.

The Democrats are starting to give some clues as to their plan for our debt crisis, and it involves Public-Private Partnerships (PPP).