Of Bonds and Bitchiness

“Alyssa, I’m sorry I called you a gap-toothed bitch. It’s not your fault you’re so gap-toothed.” – Mean Girls One of the biggest stories of the week was the ongoing fallout from the Mohamed El-Erian / Bill Gross break-up at PIMCO. In the wake of Greg Zuckerman’s incredible story at the Wall Street Journal, it…

Chart o’ the Day: Still Corporate Cash Everywhere

Steven DeSanctis who heads up Bank of America Merrill Lynch’s Equity Strategy/High Yield Strategy group makes the case for why M&A should pick up beyond the slightly better environment we saw in 2013. He notes that the cost of borrowing is still historically low, that companies who’ve been the acquirer in a deal have seen gains…

This Week on TRB

Here were the most read posts on TRB this week, in case you missed them: Periodic Table of Investment Returns 1994-2013  The Relentless Bid, Explained The Trouble with Relentless Bid Theories 8 Things I Learned from Warren Buffett this Weekend  Nonsense Forecasts The 2007 Top vs Today    

Mission Accomplished

Who says QE is ineffective? If you’re an owner of real estate or financial assets, it’s pretty darn f*cking effective. From the Wall Street Journal: The net worth of U.S. households and nonprofit organizations rose 14% last year, or almost $10 trillion, to $80.7 trillion, the highest on record, according to a Federal Reserve report…

‘Cosmos’ trailer looks sick

I’m really excited for the new Fox series Cosmos, which was produced in conjunction with National Geographic and promises to turn your high-def TV into a kaleidoscope of awesome this Sunday night at 9pm. I know it’s on up against The Walking Dead and the series finale of True Detective, but somehow you need to…

“You pay them, you own them.”

from the New York Times: This is what it boils down to: Britain is ready to betray the United States to protect the City of London’s hold on dirty Russian money. And forget about Ukraine. Britain thinks of itself as a trading nation, open for business, but it no longer has a “mission.” Any moralizing…