Daily Archives: December 9, 2016


What is the Worst Case Scenario for Bonds?

Pragmatic Capitalism has a couple of interesting articles. What is the Worst Case Scenario for Bonds? is the one that held the most interest (pun intended) for me. The reason for preferring this article is that the small amount of money I have invested in bonds is in a bond fund.

A Medium duration bond portfolio (such as a bond aggregate) should not expose you to significant loss of principal even in the case of a sharply rising interest rate environment.

If you aren’t going to read the article to see the limitations on what this quote means, then you might be better off forgetting that you ever saw this post.

The article that led me to the above was Repeat After me: “Bonds Don’t Necessarily Lose Value When Rates Rise”. Maybe this is more the headline you should forget if you aren’t going to read the articles.


Site Behind Washington Post’s McCarthyite Blacklist Appears To Be Linked to Ukrainian Fascists and CIA Spies

Naked Capitalism has published the article Site Behind Washington Post’s McCarthyite Blacklist Appears To Be Linked to Ukrainian Fascists and CIA Spies. The article explains the propaganda war being waged by the Washington Post.

The WaPo is essentially an arm of the American deep state; its owner, Jeff Bezos, is one of the three richest Americans, worth $67 billion, and his cash cow, Amazon, is a major contractor with the Central Intelligence Agency. In other words, this is as close to an official US government blacklist of journalists as we’ve seen—a dark ominous warning before they take the next steps.

This article is filled with cross references that are too numerous for me to check them all. This can be a sign that the article is well researched, and has significant factual support for what it has to say. Of course, this technique can also be used to mask an article of pure fiction because authors know that nobody follows up on the cross-references. I tend to believe what this article is saying, but I keep in mind that I am subject to being tricked. Can I enlist some help from the readers to check up on the references and offer their opinions? If each reader checks just one reference, and shares their knowledge here, then we might have a more reliable idea about the veracity of this article.