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Is U.S. Debt A Safe Haven For Its Own Downgrade?

Has U.S. government debt become a safe haven for its own downgrade? Some think so since mortgage (Fannie & Freddie) and Treasury bonds still look ok relative to other global options, but that theory has yet to play out. One thing for sure is that US banks are holding on to more cash and locking

Is U.S. Debt A Safe Haven For Its Own Downgrade?

Has U.S. government debt become a safe haven for its own downgrade? Some think so since mortgage (Fannie & Freddie) and Treasury bonds still look ok relative to other global options, but that theory has yet to play out. One thing for sure is that US banks are holding on to more cash and locking

AmTrust Bankrupt, Dubai Update, Holiday Shopping, MBS Volume

I usually try to keep my opinions out the daily commentary. But I am really becoming irked by the press. One day they complain about our industry having foreclosure problems and the credit crisis here in the US and in the world. And then the next day they complain about the declining rate of mortgage

Bank Failure #124, Do 401(k)s Make Investors Smarter?

I was showing my Dad my cell phone over the weekend. He said, “Son, no one gives a damn about all the things your cell phone does. You didn’t invent it, you just bought it. Anybody can do that.” Life with Dad, always an adventure. Speaking of buying things, us taxpayers bought us another bank