Detroit Reorganizes. The Muni Market Takes Notes.
AllianceBernstein - Seeking Alpha - Wed Feb 04, 7:03PM CST
By Joe Rosenblum Stockton. San Bernardino, California. Jefferson County, Alabama. Over the past few years, municipal bankruptcies (Chapter 9) have captured headlines. Detroit’s case, the largest municipal bankruptcy in history, was recently...
RVNU: 26.11 (+0.06), CMF: 117.64 (-0.12), VRD: 29.81 (-0.02), CXA: 24.00 (-0.03), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PWZ: 25.67 (-0.14), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
Municipal Bonds: What Comes After Perfect?
Peter Hayes - at Seeking Alpha - Wed Feb 04, 2:13AM CST
As records go, you can't beat 12 for 12. Perfection is good... and bad. Muni investors enjoyed a perfect run in 2014, as the market notched a positive return each and every month, leading the S&P Municipal Bond Index to an annual return of...
RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
3 Ways to Avoid Taxes on Your Investments
Alexander MacLennan, The Motley Fool - Motley Fool - Mon Feb 02, 3:01PM CST
The taxman will have his due, but there's no reason you should give him more than you have to. Source: Flickr user kev-shine. Paying taxes can put a major dent into your investment returns, especially if you don't plan ahead to minimize your tax...
HYD: 30.94 (-0.10), TFI: 24.12 (-0.02)
SPDR Nuveen Barclays Municipal Bond announces monthly distribution of $0.047
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 2:01PM CST
TFI: 24.12 (-0.02)
Is The Dollar's Momentum Easing? Is A Deeper Pullback In The Stock Market Likely?
Marc Chandler - Seeking Alpha - Sat Jan 31, 10:39AM CST
The US dollar turned in a mixed performance in the last week of January. It slipped against the euro, yen, sterling and the Swedish krona, while rising against the other G10 currencies. The Swiss franc was the weakest of the majors, losing about...
OLO: 7.58 (+0.02), FXA: 77.69 (+0.23), BNO: 23.05 (+0.78), TFI: 24.12 (-0.02), TLT: 128.19 (-1.33), PVI: 24.94 (-0.01), SPY: 209.78 (+0.86), RVNU: 26.11 (+0.06), DNO: 54.24 (-1.32), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), OIL: 12.01 (+0.34), FXB: 151.21 (+0.01), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), OLEM: 25.07 (+0.30), FXF: 104.56 (-0.56), USO: 19.62 (+0.44), UCO: 9.19 (+0.39), DTO: 81.31 (-5.12), MUB: 109.95 (-0.13), UWTI: 3.71 (+0.23), XMPT: 26.55 (-0.02), SCO: 70.05 (-3.45), UUP: 24.91 (-0.01), FMB: 51.97 (-0.03), TAPR: 31.63 (+0.44), SZO: 60.00 (-4.31), DBO: 14.88 (+0.08), PZA: 25.34 (-0.13), DWTI: 95.90 (-7.40), GOVT: 25.33 (-0.06), PLW: 33.20 (-0.21), USL: 26.81 (+0.40)
Oil Price Drop Will Have Varying Impacts On Municipals; Local Governments Appear Most At Risk
Montage Investments - Seeking Alpha - Fri Jan 30, 10:51AM CST
The domestic oil industry has experienced a dramatic resurgence in production since 2011 and is nearing the historic peak production level of 1970. Low interest rates and technology developments have driven production growth to annual rates of...
RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
Shifting Foundation Of Junk
Joseph Calhoun - at Seeking Alpha - Tue Jan 27, 12:41AM CST
By Jeffrey P. Snider The energy sector may account for a good proportion of risky credit, but that doesn't necessarily mean that all negative price action in high yield and junk is entirely energy. While certain markets have regained comfort with...
RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
Relative Value The Reason To Keep Buying Munis And Long Bond ETFs
Gary Gordon - Seeking Alpha - Mon Jan 26, 2:04PM CST
Since the Reserve Bank of New Zealand first formerly targeted inflation rates roughly 25 years ago, other central banks around the globe have followed suit; that is, many banks have been setting medium-term rates that prices should rise on an...
HYMB: 57.89 (-0.11), MLN: 19.84 (-0.04), NIO: 14.36 (-0.12), TFI: 24.12 (-0.02), BLV: 95.24 (-0.66), EOT: 21.10 (-0.19)
New Ideas For Bond Investors
Jeffrey Rosenberg - at Seeking Alpha - Mon Jan 26, 1:54PM CST
As resolutions go, rethinking your fixed-income portfolio may not resonate in quite the same way as dropping 10 pounds or finally giving up that smoking habit. But if ever there was an opportunity to reassess how you approach bond investing, now is...
LDUR: 100.51 (-0.11), FBND: 50.52 (-0.06), TFI: 24.12 (-0.02), PVI: 24.94 (-0.01), IUSB: 101.13 (-0.22), GBF: 115.03 (-0.39), RVNU: 26.11 (+0.06), PRB: 24.60 (+0.07), VRD: 29.81 (-0.02), AGG: 110.76 (-0.13), DI: 49.57 (+0.02), SCHZ: 52.63 (-0.01), BOND: 109.14 (-0.10), MUB: 109.95 (-0.13), VBND: 50.07 (-0.09), FWDB: 25.72 (+0.01), XMPT: 26.55 (-0.02), FMB: 51.97 (-0.03), SAGG: 32.96 (unch), TAPR: 31.63 (+0.44), LAG: 58.58 (-0.10), PZA: 25.34 (-0.13), BND: 82.80 (-0.19), GOVT: 25.33 (-0.06), PLW: 33.20 (-0.21)
Vanguard files to launch low-cost muni-bond funds
Seeking Alpha - at Seeking Alpha - Wed Jan 07, 2:49PM CST
RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
Is A Bullish 'Perfect Storm' Brewing In Treasury Bonds?
DoctoRx - at Seeking Alpha - Tue Jan 06, 12:36AM CST
ZROZ: 123.35 (-1.57), TLH: 136.86 (-0.66), IEI: 123.09 (-0.14), SPY: 209.78 (+0.86), IEF: 107.18 (-0.36), MUB: 109.95 (-0.13), EDV: 126.88 (-1.85), TFI: 24.12 (-0.02), IWM: 121.53 (+0.72), TLT: 128.19 (-1.33)
No Rate Increase In 2015
Roger McKinney - Seeking Alpha - Mon Jan 05, 5:03AM CST
Mainstream economists and financial experts warned us early in 2014 to stay away from bonds because the Fed would raise interest rates and as everyone knows rising interest rates shoot buckshot-sized holes in bond portfolios. So most people avoided...
EMSA: 81.61 (unch), EMCR: 21.13 (+0.35), EET: 71.75 (+1.52), TFI: 24.12 (-0.02), EEV: 18.10 (-0.44), SCHE: 24.91 (+0.24), DBEM: 22.23 (+0.13), XSOE: 25.37 (+0.46), EUM: 25.25 (-0.30), PVI: 24.94 (-0.01), ADRE: 36.88 (+0.49), EEM: 40.67 (+0.46), RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), FEM: 22.44 (+0.16), GMM: 65.67 (+0.63), EMFT: 46.34 (-0.16), EMLB: 96.30 (unch), EWEM: 33.25 (unch), EDZ: 32.61 (-1.19), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), FMB: 51.97 (-0.03), EEME: 45.57 (+0.77), HEEM: 24.53 (+0.14), EDC: 25.03 (+0.81), VWO: 41.78 (+0.42), PZA: 25.34 (-0.13), IEMG: 48.87 (+0.48)
2015 Fixed Income Yield Comparison And Recommendations
Dividend Investor 101 - at Seeking Alpha - Sun Jan 04, 5:46PM CST
GBAB: 22.85 (-0.06), TFI: 24.12 (-0.02), TLT: 128.19 (-1.33), BAB: 30.43 (-0.25), PGX: 14.84 (-0.04), JNK: 39.43 (+0.10), BABS: 63.07 (-0.77), LQD: 120.83 (-0.48), NBB: 20.93 (-0.16), BBN: 22.57 (-0.15)
The 2014 Commy Awards
Jeff Malec - Seeking Alpha - Wed Dec 31, 5:24AM CST
There's the Emmy Awards, the Webby's, the ESPY's, (why do they all end in y), but no commodity awards as far as we know… Let's see if we can do something about that, with the first (and perhaps last) edition of the Commy Awards: (All Charts...
JO: 29.81 (-0.02), OLO: 7.58 (+0.02), OUNZ: 12.26 (+0.06), BNO: 23.05 (+0.78), TFI: 24.12 (-0.02), USDU: 27.70 (unch), CAFE: 20.95 (+1.13), PVI: 24.94 (-0.01), SGOL: 120.32 (+0.59), RVNU: 26.11 (+0.06), DNO: 54.24 (-1.32), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), OIL: 12.01 (+0.34), AGG: 110.76 (-0.13), OLEM: 25.07 (+0.30), UDNT: 10.42 (-0.02), USO: 19.62 (+0.44), UCO: 9.19 (+0.39), DTO: 81.31 (-5.12), MUB: 109.95 (-0.13), UUPT: 29.68 (-0.04), XMPT: 26.55 (-0.02), UWTI: 3.71 (+0.23), SCO: 70.05 (-3.45), UUP: 24.91 (-0.01), FMB: 51.97 (-0.03), SZO: 60.00 (-4.31), DBO: 14.88 (+0.08), GLD: 117.98 (+0.64), CORN: 26.02 (+0.33), IAU: 11.89 (+0.06), UDN: 22.76 (+0.03), PZA: 25.34 (-0.13), AGOL: 121.01 (-0.19), FORX: 44.02 (+0.09), DWTI: 95.90 (-7.40), USL: 26.81 (+0.40)
Gary Gordon Positions For 2015: Tactical Asset Allocations For ETF Investors
Gary Gordon - Seeking Alpha - Wed Dec 24, 6:25AM CST
This is the third piece in Seeking Alpha's Positioning for 2015 series. This year we have once again asked experts on a range of different asset classes and investing strategies to offer their vision for the coming year and beyond. As always, the...
GVAL: 20.35 (+0.19), OEF: 92.66 (+0.37), MUA: 13.72 (-0.09), EDV: 126.88 (-1.85), TFI: 24.12 (-0.02), BLV: 95.24 (-0.66), USMV: 41.48 (+0.03), ASHR: 35.67 (+0.29), MGK: 84.24 (+0.49)
Puerto Rico's Day Of Economic Reckoning Has Arrived
Jake Zamansky - at Seeking Alpha - Tue Dec 09, 12:51PM CST
For years, Puerto Rico's economy has been hurtling head-long for the brink. Regular readers of this blog well know of Puerto Rico's financial woes. Its exploding $70 billion municipal debt and difficulty raising funds through bond offerings have led...
PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13)
Contagion And Confidence
Douglas Tengdin - Seeking Alpha - Tue Dec 09, 11:49AM CST
Whatever happened to the muni meltdown? Four years ago there was mounting hysteria regarding municipal finance. Jefferson County, Alabama; Harrisburg, Pennsylvania; and Stockton, California—places with hundreds of thousands of...
HYMB: 57.89 (-0.11), MLN: 19.84 (-0.04), HYD: 30.94 (-0.10), SHM: 24.37 (+0.01), MUB: 109.95 (-0.13), SHYD: 25.58 (-0.11), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), SMB: 17.65 (unch), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01), SUB: 105.96 (-0.16), RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), PZA: 25.34 (-0.13), SMMU: 50.37 (-0.02)
3 Reasons Why Municipal Bonds May Offer More Than Just Tax-Exempt Income
Invesco US - Seeking Alpha - Sat Dec 06, 9:57AM CST
By Stephanie Larosiliere Tax-exempt income historically has been the main reason why investors buy municipal bonds. As a result of newer tax laws, including several provisions that expired at the end of 2013, tax bills for high-income earners have...
RVNU: 26.11 (+0.06), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), PZA: 25.34 (-0.13), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01)
SPDR Nuveen Barclays Municipal Bond ETF announces monthly distribution of $0.0472
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 9:58AM CST
TFI: 24.12 (-0.02)