Below are two interesting articles from today’s WSJ.  One discusses the fact that because stock prices in general are relatively expensive, but with bond yielding being so low, it is very possible that this type of range-bound market that we have seen this year could continue.  The second article discuss bond yields, which have just...Read More

While history might not repeat itself, it does tend to rhyme.  Nowhere is this more evident than in the psychological behavior of market participants.  Between 1995-2000, tech stocks and day trading were the rage regardless of valuations.  Ultimately the Nasdaq crashed 75% from the high to the low, wiping our many retirees savings along with...Read More

In investing it is always essential to constantly reassess one’s investment thesis to ensure that the facts still remain the same as they were when the position was initiated.  At T&T Capital Management we regularly are updating our assumptions as earnings and markets developments dictate.  The major risks of the problems in Europe are primarily...Read More

In very encouraging news for the municipal bond sector, the amount of insured municipal bonds jumped 60% in the first quarter of 2012 from a year ago, to $3.7 billion.  One of T&T Capital Management’s core positions is in Assured Guaranty (AGO) which is really the only bond insurer writing new business. http://seekingalpha.com/article/476071-assured-guaranty-an-undervalued-diamond-in-the-rough The only...Read More

This article provides interesting insight into the buoyant market for junk bonds.  Investors hungry for higher yielding investments have been willing to offer very favorable terms to companies in less than ideal financial condition.  This is actually a decent time to be investing in junk bonds as the economy is improving but has likely not...Read More

This is an interesting article as several clients are suing a couple of the custodians for not doing the proper research on fund managers in which they processed paperwork for.  While regulation is problematic more often than not it seems, stricter requirements on what is allowable for self directed IRA’s probably isn’t the worst idea....Read More

This is exactly why we sold whatever Sprint (S) stock that we owned at T&T Capital Management.  Management has been disastrous for years.  They have some of the worst capital allocation that I have ever seen so even though the stock is cheap, unless something drastically changes I wouldn’t invest in them. http://online.wsj.com/article/SB10001424052702303816504577306053212343154.html?mod=business_newsreel INVESTING IN...Read More