Archive for the ‘Wall Street’ Category

100 Year Bonds In The Trump Era

100 Year Bonds In The Trump Era

By The Banker | Blog Posts, Texas, Wall Street

The United States does not currently issue bonds with maturities longer than 30 years, but the idea of super long-dated national debt is back in the air. Long-dated, as in bonds due in 100 years. One reason 100-year bonds are kind of neat is that nobody alive right now ever needs to worry about paying […]

Platinum Partners And How To Spot A Fraud

Platinum Partners And How To Spot A Fraud

By The Banker | Blog Posts, How Not To Invest, Investing, Wall Street

Police arrested seven executives connected to the $1+ billion hedge fund Platinum Partners in late December, for fraud. The charges against them include overvaluing assets and a Ponzi-like practice of paying departing investors with new investors’ money. Platinum Partners reminds me of lesson number one on spotting financial fraud: If an investment fund never, ever, […]

Look Back Look Forward - New Years Resolutions

Look Back Look Forward – New Years Resolutions

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Texas, Wall Street

It’s January, the month named for Janus the two-faced Roman God who looked both backward to the past and forward to the future. Looking back over 2016, I realized that I learned about three types of investment accounts, each of which – depending on your phase of life – might make for a nice New […]

Trump Part IV - The Causes and Uses of An Economic Crisis

Trump Part IV – The Causes and Uses of An Economic Crisis

By The Banker | Blog Posts, How Not To Invest, Wall Street

This is a long post about how Trump has specifically threatened to cause an economic or financial crises through either a trade war or through undermining the US monetary system and credit. [Previous Trump posts in this series introduce my fever dreams of a Trump Presidency, my review of recently-elected authoritarians, and the Machiavellian use […]

Trump Wins. Markets Panic. Why?

Trump Wins. Markets Panic. Why?

By The Banker | Blog Posts, Investing, Personal Finance, Wall Street

Stock markets worldwide will drop significantly tomorrow, and throughout the rest of the week, as US and global investors recalibrate their expectations of the United States due to the little-anticipated Donald Trump victory in today’s Presidential election. Stock Market From an individual investor perspective, I suddenly have deep regrets about two pieces of 100% rock-solid […]