income

One of the reasons many market observers believe this recession will be a long one is the growth in consumer debt over the years. As consumers now focus on paying down debt levels, they won't be able to spend to the same extent; thus, fewer goods will be produced, acting as a drag on GDP. But...

Yesterday, Mish posted some grim news regarding median income in the United States. While I would agree with anyone who states that this is bad news, I would caution readers to be careful before assuming that everyone is worse off. As Thomas Sowell would point out, people do not necessarily stay...

Despite being one of Eastern Europe's most indebted nations, Hungary is considered a safer borrower than Spain. The cost of credit default swaps (CDS) on Spanish bonds has risen to around 261.9bp. Meanwhile, insuring against a Hungarian default has fallen to 255bp. This is just one example of the...

Gary Shilling has announced six 'must own' instruments for 2010. Some make sense; some do not. Take any and all of the advice at your own peril. 1. Treasury bonds 2. Income-producing securities 3. Consumer staples and foods 4. 'Small luxuries' (e.g. second tier top-name wine) 5. U.S. dollar 6....

Before dismissing the idea of strong dividend yields and big growth as being impossible to achieve in one stock, take a look at Prospect Capital Corporation (PSEC), Penn Virginia GP Holdings LP (PVG), and Cellcom Israel Ltd. (CEL). All three have surprisingly strong results on both fronts. Cellcom...

Seeing a dividend yield of 15.7% is unusual. Seeing a dividend yield of 15.7% that the company can actually afford to pay is almost unheard of. That's what makes Capstead Mortgage Corp. (CMO) such a curious idea.... the payout is actually reliable now that the mortgage industry is pulling itself...