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"Safe" Municipal Bonds: A Buy Signal for 2012?
"...the evidence continues to mount that a change for the worse is underway."

By Bob Stokes
1/20/2012 4:45:00 PM

Investors believe municipal bonds are safe, but the evidence suggests that a change for the worse is underway. That evidence includes...

Filed Under: financial forecast, municipal bonds, mutual funds, pension funds

Category: U.S. Economy


Debt Man's Curve, It's No Place to Play
Why high debt does not necessarily mean high interest rates

By Jason Farkas
6/21/2011 2:15:00 PM

Sovereign debt is making the headlines these days, and here is a new way to look at the different risk levels of bonds -- the Debt Parabola, a.k.a. Debt Man's Curve.

Filed Under: emerging markets, eurozone, Greek debt, municipal bonds, pension funds, Robert Prechter, Sovereign Debt, subprime lending, Treasury bills (T-bills), U.S. Treasuries

Category: U.S. Economy


Is Your Pension Fund "Going for Broke"?
Can You Count on Your Pension Fund?

By Bob Stokes
5/25/2011 9:45:00 AM

The investment officers who oversee those funds clearly are not afraid of risky investments. They've jumped into them with both feet...All is well when most financial markets are rising. But what if...

Filed Under: cash, diversification, market forecasts, mutual funds, pension funds, sentiment, stock indexes

Category: Stocks


Earthquake, Tsunami, Oil-shock, Middle East Wars, Debt Melt-Downs
Will the Market Reward That Much "Unbending Loyalty"?

By Nico Isaac
4/8/2011 4:30:00 PM

The public's commitment to US equities is starting to resemble a country western song. Investors have chosen to "stand by their stocks," come what may in global politics and finance, including one of the most politically unstable climates in recent history, as civil protests and military conflict spreads across the Middle East and North Africa. But like the lyrics says: Been down so low, there's only one place left to go -- up.

Filed Under: bull market, buy and hold, Dow Jones Industrial Average (DJIA), eurozone, housing prices, inflation, investor psychology, pension funds, sentiment, U.S. dollar, Wall Street

Category: Stocks


Municipal Bond Investors are "Blind-sided by Bad News"
Is Bankruptcy in the "Congressional Cards" for Some States?

By Bob Stokes
2/3/2011 4:45:00 PM

Before the financial debacle began in 2007, who could imagine that Congress would have to decide whether to spare states from bankruptcy?  Almost no one.  But please note -- the key word is "almost"...

Filed Under: bailouts, conquer the crash, economic depression, municipal bonds, pension funds

Category: U.S. Economy


The Day The Munis Died, The Levy Was Dry
Bob Prechter's Conquer The Crash outlined the state budget crisis we see today

By Nico Isaac
1/24/2011 4:45:00 PM

As the cross-country municipal budget crisis grows more dire with each passing month, the solutions to generating revenue are growing even more drastic. Fact: One New York politician recently proposed legalizing the banned sport of steel cage Ultimate Fighting. The logic being: Everyday people are gonna pay good money to see the snot get knocked out of others while they themselves suffer daily financial beat-downs.

Filed Under: conquer the crash, credit crisis, municipal bonds, pension funds, Robert Prechter

Category: U.S. Economy


A Safe Pension: Good Enough for Government Work-ers?
Read The Mania Chronicles Chapter 5 Before States File Chapter 11.

By Jill Noble
1/21/2011 5:45:00 PM

Our most encyclopedic resource -- Pete Kendall and Robert Prechter's The Mania Chronicles -- offers a real-time account of the last financial mania and its aftermath.

Filed Under: bailouts, Elliott Wave Principle, mania, pension funds, Robert Prechter, social mood, socionomics

Category: Cultural Trends


When 8 States Defaulted: Could It Happen Again?
Will Higher Taxes Keep the Wolf from States' Doors?

By Bob Stokes
1/12/2011 8:15:00 PM

It happened during a time in our history when real estate values had soared, and states were spending like there was no tomorrow. But tomorrow came.  Could states default again?...

Filed Under: bailouts, credit rating, economic depression, pension funds

Category: U.S. Economy


Drowning in Debt: Are States Dangerously Close to the "Crisis Phase"?
A Potential Comparison to the Sub-prime Mortgage Meltdown

By Bob Stokes
12/7/2010 3:30:00 PM

What could be as bad as the sub-prime mortgage meltdown? After all, that crisis supposedly triggered what nearly became a global financial Armageddon in 2007-2008. Well, here's one "as bad as" candidate recently in the news...

Filed Under: bailouts, credit crisis, deficit, pension funds

Category: U.S. Economy


Build a Financial Fortress for Your Retirement Years
In An Uncertain Economy, It's Crucial to Defend Your Financial Peace of Mind

By Bob Stokes
11/29/2010 5:00:00 PM

Millions of people count on their (or their spouse's) pension. Yet even though the stock market has trended mostly upward in 2010, the number of pension plans failures is higher than in 2009...

Filed Under: conquer the crash, economic depression, pension funds, personal finance

Category: U.S. Economy


Public Pension Payouts: Will Enough Money Be There for You?
Are Public Pension Funds "Counting Chickens Which May Not Hatch?"

By Bob Stokes
9/22/2010 11:30:00 AM

"Many of America's largest pension funds are sticking to expectations of fat returns on their investments even after a decade of paltry gains, which could leave U.S. retirement plans facing an even deeper funding hole and taxpayers on the hook for huge additional contributions"...

Filed Under: pension funds, Elliott Wave Principle

Category: U.S. Economy


Losing $2 Billion: "Hard Day" for Pension Fund Officer
Sobering realities of state pension funds.

By Bob Stokes
5/24/2010 3:15:00 PM

Imagine what $2 billion would buy. How many college tuitions would that pay for? How many gas tanks would that fill? Not to mention things like clothes and groceries. Well, between 9:30 a.m. and 4 p.m. Eastern on Thursday, May 20, two thousand million dollars vanished from one state pension fund.

Filed Under: pension funds, mutual funds, bailouts, Robert Prechter

Category: Stocks


If Stocks Tank Shouldn’t Gold Soar?
In a word: No.

By Jeff Reckseit
11/2/2009 4:15:00 PM

Large banks and more recently pension funds have suddenly become infatuated with gold.  They chant the mantras that gold bugs have known for years:  gold is a store of value; owning gold is financial insurance;  an ounce of gold will always buy a good suit.  The idea is that if the economy continues to weaken and share prices decline, a strategic allocation of the precious metal will hedge and offset some of the losses in the financial sector.

Filed Under: pension funds, gold futures, crude oil, grain futures

Category: Gold and Silver