Source: Federal Reserve I’ve been a little slow on this, but last Friday US 10 Year Treasur bond funds hit their lowest point on record???, well at least since the start of 1962 which is how far back this Federal Reserve data went. What does it mean? Possibly a few things. Firstly, inflation is a …
Category Archive: US Economy
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Aug 19
Another dodgy market update
Obviously a pretty difficult investment environment at the moment. Markets tanking again overnight and following on in Australia this morning. Watching Billabong drop around 25% this morning demonstrates the benefits of diversification…I’d hate to be an adviser with an overweight Billabong position in my client’s portfolio. Anyway I digress. Volatility in the sharemarkets will continue for many …
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May 13
Californian Lifeguard Salary…unbelievable!
I found the following excerpt on Greg Mankiw’s blog (http://gregmankiw.blogspot.com/) and as he suggests I’m sure it “might help explain some of California’s fiscal problems”. As a colleague said to me this afternoon, “I don’t even think the Bondi lifesavers get paid anywhere near this; even with their TV show!”… According to a [Newport Beach] …
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