…purchase health insurance or post a bond. I know that Gingrich is a psychopath, but he likes to pretend that he is smart and techno savvy. It seems that no…

…the impact of Europe’s problems on US financial institutions, quality spreads actually improved last month. This implies that at least the bond market is not expecting too severe an impact….

…Street excesses. A financial transactions tax would impose a small charge on the value of stock, bond and derivatives transactions–probably somewhere around 0.25% to 0.5% (the latter is the figure…

…buying a bond does, you give the government money, they spend it on what they want and give you a promise in return. There is nothing ‘Phony’ about that process,…

…have to put in more effort. The Federal Government doesn’t have to balance its budget, and the bond market has given us a rare opportunity to borrow money for less…

…Swiss Francs, Yen and Euros. If you consider the total bullion supply, the allocation into gold is less than $10 trillion worldwide, a small fraction of the total debt held…

…thing for the nation and the economy in the long run. Both Uncle Sam and the Fed would have provided the broad based debtor in possession financing required, and the…

…the credit rating agencies hadn’t bothered to recalibrate their antiquated ratings models. But almost no one was willing to buy the triple-A portion of these bonds from Merrill because the…

…market is going through a nasty 10 percent correction over fears of another recession (and European debt default). That’s definitely not a recession reading. Yes, you read that right. Kudlow…

…of those other bonds get sold—corporates, for instance. The bid-offer on Munis is basically going to be zero-coupon bonds at a high discount. (Think fast about how many state and…