September 25, 2011
It’s very rare that you hear the phrase “risk-free return” these days without it being tied to an FDIC-insured CD yielding south of 3%. Heck, even US Treasuries are no longer considered risk-free by S&P following the recent credit downgrade and there are only 4 AAA companies left in the S&P500. So, you’re probably thinking […]
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September 22, 2011
So, a few weeks ago, I publicized my crusade against US Treasuries whereby I was shorting naked call options on the 3X Leveraged ETF for long duration government debt. That’s a mouthful. In essence, with rates at record lows, driving mortgage rates to never-before seen levels, I figured that was it. With our debt problems […]
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