tag:blogger.com,1999:blog-6616959642391988608.post4675941591572910638..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Real yields and stocksScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6616959642391988608.post-81945003638862752642014-06-10T18:26:00.254-07:002014-06-10T18:26:00.254-07:00This comment has been removed by the author.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48363667560385558582014-06-10T18:25:26.913-07:002014-06-10T18:25:26.913-07:00John Bogle, the founder of Vanguard Mutual Funds, ...John Bogle, the founder of Vanguard Mutual Funds, has written several books over the years. Below is a good one to begin with. He wrote it with David F. Swensen, Yale's Chief Investment Officer, who has a very good, long term investment record.<br /><br />John Bogle: <b>Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition (2009)</b><br /><br />http://www.amazon.com/Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84285045583256716242014-06-10T18:21:46.065-07:002014-06-10T18:21:46.065-07:00ShanaED-
I would frequent this forum for investme...ShanaED-<br /><br />I would frequent this forum for investment advice and book recommendations. <br /><br />http://www.bogleheads.org/<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4046119624295137352014-06-10T16:45:38.953-07:002014-06-10T16:45:38.953-07:00Hi Scott et al, I'm very new at this game (new...Hi Scott et al, I'm very new at this game (new as in just learned the difference between a bull and a bear market) and I'm wondering if you, or any of your readers, could recommend a good book for a beginner. The jargon itself is overwhelming at this time! Real basic fundamentals. Thx in advance!<br />ShanaShanaEDhttps://www.blogger.com/profile/14439252613503693710noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28240420000209116952014-06-10T16:41:40.333-07:002014-06-10T16:41:40.333-07:00This comment has been removed by the author.Shana- Shape Your Bootie boot shapershttps://www.blogger.com/profile/05162222743605389278noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30524626134984940562014-06-10T16:12:40.347-07:002014-06-10T16:12:40.347-07:00I believe the theme here is a reasoning of our com...I believe the theme here is a reasoning of our complex domestic and global economic system. <br /><br />A reasoning (not prediction) of the signals available to us in the form of economic data. <br /><br />Stock prices are used as one signal in relation to dozens of others in effort to understand the state of the economy.<br /><br />Pursuing a sense of understanding of complex systems can be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29105723339180733562014-06-10T03:51:57.747-07:002014-06-10T03:51:57.747-07:00I cannot think of any mental exercise that is more...I cannot think of any mental exercise that is more wasteful than thinking about how stocks might perform at any point in the future. virtually the entire compendium of evidence shows beyond that shadow of a doubt that this is an exercise in futility and frustration. but that doesn't stop people from trying! the crime is that there are average investors who actually listen to "pundits&stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3429742938452663702014-06-10T02:55:44.099-07:002014-06-10T02:55:44.099-07:00(Reuters) - Bill Gross, manager of the world's...(Reuters) - Bill Gross, manager of the world's largest bond fund at Pimco, said Thursday the firm believes the 'new neutral' inflation-adjusted federal funds rate will be close to 0 percent as opposed to 2-3 percent in prior decades.<br /><br />"If 'The New Neutral' rates stay low, it supports current prices of financial assets," Gross said in his latest investment Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40591235907923365412014-06-10T01:34:24.712-07:002014-06-10T01:34:24.712-07:00Great post, and interest rates are a puzzle...
Yo...Great post, and interest rates are a puzzle...<br /><br />You have a lot of experts such as Ben Bernanke and Bill Gross (PIMCO), say interest rates will be dead a long time. Japan-lite, in other words.<br /><br />This may reflect global gluts of capital. <br /><br />People forget---in free markets you are entitled to a return on your savings, and you are also entitled to a loss on your savings.<Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55622217119065840812014-06-09T20:16:37.998-07:002014-06-09T20:16:37.998-07:00I believe Scott's posts illustrating the disco...I believe Scott's posts illustrating the disconnect between interest rates and the stock market are very prescient. <br /><br />It seems in the short to medium term something has to reconcile. <br /><br />Will we finally get the acceleration in real GDP that the stock market seems to be expecting? <br /><br />And interest rates... Will they normalize with a stronger economy? <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91703817127396557962014-06-09T18:12:20.171-07:002014-06-09T18:12:20.171-07:00Today's US stock market rise produced 308 new ...Today's US stock market rise produced 308 new highs on the NYSE and only 4 new lows. That is strong confident behavior in a strong bull market.<br /><br />Before the market top, the broad indices will continue to rise but the new highs will be fewer and the new lows will rise. So far so good.<br /><br />But after an 18 month rise in the S&P 500 with no more than a 6% correction, at theseWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67256550685730513442014-06-09T17:59:13.001-07:002014-06-09T17:59:13.001-07:00I agree. It seems like a graduate-level econ clas...I agree. It seems like a graduate-level econ class.Chrishttps://www.blogger.com/profile/08605357066384353530noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41650181460490990462014-06-09T17:22:51.015-07:002014-06-09T17:22:51.015-07:00Great posts on real yields and how to interpret th...Great posts on real yields and how to interpret them relative to stocks and the strength of the economy. Unique commentary based on your education and experience.. I've been learning a ton from you over the last few years. Anonymousnoreply@blogger.com