Whatever their motivations, spin-offs can have a dramatic effect on the performance of the associated corporate bonds, so it is crucial that fixed-income investors conduct the necessary analysis. Nathan N.J. Grant, CFA, has some advice.

Russia has imposed the Caspian Convention it dictated, but vetoes Iran’s membership in the Euro-Asian “economic family” and the Shanghai Group. Russia’s interest is keeping Iran out of the international gas market, thus holding Moscow’s Damocles Sword

Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care.  Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats.  As you will see below, a “compromise” budget deal […]