tag:blogger.com,1999:blog-6616959642391988608.post9145421754564860014..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Credit spread update: room for more improvementScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-81777125572200817432011-01-13T14:35:34.334-08:002011-01-13T14:35:34.334-08:00I don't think there's a significant differ...I don't think there's a significant difference between the two. I note that total returns over the past 3 years have been very similar.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-25795302155453154582011-01-13T14:31:28.466-08:002011-01-13T14:31:28.466-08:00Scott:
I know you are partial to hyg which I also ...Scott:<br />I know you are partial to hyg which I also own, is there anything in the portfolio of jnk that makes you favor hyg.<br /><br />As always <br /><br />Thank you,<br /><br />Jay DavisJay Norman Davishttps://www.blogger.com/profile/12937028864526660392noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17481284873797402282011-01-12T16:42:47.576-08:002011-01-12T16:42:47.576-08:00Again, the top performing sector YTD is the financ...Again, the top performing sector YTD is the financials. I am not certain that they will be the top performing sector for the year but I predict they will outperform the S&P 500 for 2011. <br /><br />The Fed is in the process of restoring prosperity to not only the US economy, but the whole world's. <br /><br />Thanks to Scott Grannis for consistently presenting the evidence of an Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82554017888647116222011-01-12T15:56:51.069-08:002011-01-12T15:56:51.069-08:00Nice rally on Dow again. You can see 12k from here...Nice rally on Dow again. You can see 12k from here.<br /><br />I know it is just a feeling, but when the market passes through 12k, I think you will see a burst of optimism.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88854804202029679532011-01-12T12:19:36.497-08:002011-01-12T12:19:36.497-08:00I believe corporate bond yields are one of the bes...I believe corporate bond yields are one of the best indicators of stress and valuation for the stock market and yet few in the internet<br />blogs follow them. As long as spreads remain reasonable and more<br />inportantly yields subdued ( I look at Baa Yield at 7% as a warning sign,,it is around 6.10 now)<br />we will have an upward bias to stocks....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.com