The Bonddad Blog

I live in Houston, Texas. We are expecting hurricane Ike to make landfall on Saturday. But, we're getting ready for the storm tonight ...

There has been considerable and understandable concern expressed about Lehman Brothers, Washington Mutual and Merrill Lynch over the last fe...

Full disclosure: I'm a tax lawyer. I have an LLM with a dual concentration in both domestic (US) and international taxation. Part of a...

Prices continue moving lower. Note the following: -- Prices broke the trend line that started a year and a half ago. -- Prices moved throug...

Little has changed from yesterday --- which, as you'll recall, wiped out the Fannie/Freddie bail-out rally. Notice the following: -- Pr...

From CNBC: After a bailout of Fannie Mae and Freddie Mac, $168-billion of fiscal stimulus measures, a housing-rescue package and three-and-a...

Over the last few years we've seen some great rationalizations and spin regarding the economy. Some of the more classic are the followi...

On the weekly chart, notice the following: -- Price clearly broke the year long uptrend a few weeks ago -- Prices have moved through the 50 ...

All of yesterday's gains are now gone. So much for the Fannie/Freddie bail-out rally. Note the following: -- Prices are below the 200 d...

Above is the yearly chart of the XLF -- the ETF that tracks the big financial companies. Notice yesterday the market rallied to the long te...

From the WSJ: Foreign central banks had been among those voicing concerns in the weeks ahead of the government's seizure of Freddie and ...

Again, remember that the federal plan regarding Freddie and Fannie have thrown a huge monkey wrench into any analysis of the markets. The s...

Let's pull the lens back and put today's action in perspective Prices jumped but closed below the open. Prices also formed a hammer ...

Obviously, the big news is the government bail-out of Freddie and Fannie. Over the weekend I wrote two articles on this. Here's a link...

This weekend was clearly a game changing in more ways than anyone can count. Right now the only salient point I can think of is the followi...

Boy am I glad that week is over. It's time to take a break. I'll be back on Monday. Until then, here are some pictures of the pup...

The title above is from Angry Bear. It has definitely gotten me thinking about what has happened over the last 7 years. First, I have been...

The dollar break-out continues. Notice the following: -- Prices broke through the downward sloping trend line a few weeks ago. Then prices...

This was a very important day from a technical perspective. And the reasons are very negative. Notice the following: Prices fell through th...

From the Fed: Reports from the twelve Federal Reserve Districts indicate that the pace of economic activity has been slow in most Districts....