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Bonds Minus Duration: A Train Wreck In The Making?
A bond allocation is like a railroad. Credit is the locomotive that generates high returns, duration the track that keeps the train in line. Take the track away and you risk running your portfolio ... read more
No Way To Die: During World War II, It Wasn't Just the Enemy That Could Kill You
Everything went perfectly during the flight—until it was time to land ... A few minutes later, a westbound train, unaware of the accident, came along and plowed into the wreckage. read more
BofA Sees Junk-Bond Train Wreck as Pain Spreads Across Market
For the first time in more than 20 years ... The analysts described the junk-bond market as a “slow moving train wreck that seems to be accelerating.” Until recently high-yield bonds had been on a ... read more
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Ethiopia crash captain did not train on airline's MAX simulator - source
"We urge all concerned to refrain from making such uninformed, incorrect, irresponsible and misleading statements during the period of the accident investigation," it said. Yared's brother said he ... read more
A ‘convoluted train wreck’: Natural gas project goes bust in SD
Meanwhile, a former Spyglass official has allegedly cashed out a $20,000 certificate of deposit that the company was required to post as a bond, leaving state regulators ... “It’s a convoluted train ... read more
Dan Jenkins Was More Than a Sportswriter. He Was a Sportswriterly State of Being.
Dan succeeded in making the sport of golf both interesting ... he first got the nerve to talk to golfer Ben Hogan, and the train station where he watched Hogan disembark after his car wreck. After a ... read more
The 50 Best Film Theme Songs: A Hollywood Walk Of Fame
They almost failed because a small girl was playing happily and making so much noise that it was ... Armstrong to ask him to record ‘We Have All The Time In The World’, a new song for the James Bond ... read more
Remembering The Movies with Aljaz and Janette, Symphony Hall, Birmingham - review
Time for a day off ... the 007 image for routines inspired by the Bond movies. The show covered the golden age of Hollywood (although the Casablanca tribute looked more like Brief Encounter with its ... read more
John Bogle: The “Train Wreck” Awaiting American Retirement
Success is making more than your peers. If that’s a remedy for a great society, then I’m just on the wrong track. I don’t think it is. … But you had a simple idea a long time ago that ... We’re facing ... read more
A freak accident crushed her hand. Now a promising young pianist must start again
They began by explaining the freak accident that had ... remembers the first time she played for him, shortly after they met — how it felt like he was being given access to something sacred. “People ... read more
‘Spectre’ and the wasted promise of Daniel Craig’s James Bond
“That old thing is taking quite a bit of time. There wasn ... solution by leaning into Bond’s supposed disconnect with modern methods and modern politics. But in “Spectre,” that team, plus writer Jez ... read more
Is The Municipal Bond Market Sleepy?! Pension Doomsday?
Just as an ocean liner takes a long time to turn ... timing of when to exit a bond is the issue. Do investors exit as soon as they see the light of the pension crisis train barreling down the track, ... read more