Generosity Wealth Management
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Who Owns Our Debt
There's a perception China owns all of the Treasury Bonds, but they actually own less than 10%. The biggest single owner of US Federal Debt is the Federal Reserve Bank. The above graph shows foreign holders of our debt. Who Owns Our Debt
The Hobbit 2: The Desolation of Smaug
If you don't know my wife and I are huge Lord of the Rings and Hobbit fans, then we're new friends or you've not been paying attention. It's now October, and for the next 2 months you're stuck hearing from me about the December 13th opening of the 2nd movie in The...
Is it time to run for the hills?
In my video today, I ask the question "is it time to run for the hills, or jump off the ledge?" because of the recent increased volatility and decline in the markets. Let me give you the short answer: no. The bond correction was an over reaction, and the most recent...
Have Emerging Markets Gotten Oversold?
I think highly of Mark Mobius, and he makes a strong argument that emerging markets, while they've had some correction this year, is still a great place to invest. I happen to agree with him. It's a great article, so be sure to click and read. Have Emerging Markets...
Revised GDP rises to 2.5%
The numbers are increased mainly due to net trade numbers being positive, while personal consumption and fixed investments declined. If the positive net trade numbers continue, this is very good for us. The decrease in personal consumption and fixed investments is a...
5% 30 Year Mortgages
According to Lou Barnes, a local mortgage broker who is frequently quoted in the national press, when the 10 year treasury yield hits about 3.33%, we'll be back to 5% 30 year mortgages. Right now, the 10 year treasury is around 2.775%, up about 1.1% in just a few...
