Pfizer just sold $4 billion of bonds rated AA for less than their dividend yield

NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (PFE) today announced the pricing of a debt offering consisting of five tranches of notes: $750,000,000 aggregate principal amount of 0.900% notes due 2017…


Haunted By The Last Housing Bubble, Fitch Warns "Gains Are Outpacing Fundamentals" | Zero Hedge

Haunted By The Last Housing Bubble, Fitch Warns "Gains Are Outpacing Fundamentals" The last week has seen quite dramatic drops in the prices of a little-discussed but oh-so-critical asset-class in…


Is this the beginning of the end?

The 30 yr. U.S Treasury bond, which I am short, just broke key technical support today/tonight.  As you can see from this weekly chart of the T-Bond futures, we are now breaking levels that have held…


Is it time to buy gold and silver? These insiders at mining companies certainly think so

There is something eternal, beautiful and innate to the human psyche when it comes to gold and silver. It's been a store of wealth forever and with the massive manipulation of the monetary system by…


The insanity continues

SAN FRANCISCO | Sun May 19, 2013 4:36pm EDT (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited…


George Soros' Latest Moves Suggest Tech Stocks Are In And Financial Stocks Are Out

  Surveying the latest stock transactions of billionaire George Soros, observers would have to surmise tech stocks are in and financial stocks — not to mention some industrials — are out. Soros…