Tag Archives: Munis
Investment Philosophy, The Mystery Buyer, Trouble Brewing for Munis, NYS Going Broke, SAC Capital Under the Gun
Every morning my father and I begin the trading session with a review of our investment strategy. We point out pros and cons and attempt to poke holes in theory. We perform this ritual every day, without fail, for the simple reason that when investing in the stock market those who stand still get steam rolled. Success can have the […]
News that Moves: US Treasury to Backstop Munis?!?!
FT – The US Treasury would provide a backstop to stricken states like California, which are struggling to raise debt, under legislation due to be introduced to Congress. Proposals published on Thursday would see the Treasury acting as a reinsurer in the market and the Federal Reserve setting up bond purchase agreements, which were commonly provided by banks until the […]
