September 2, 2010
iShares Plans Int’l TIPs ETF With US Debt
The index is rebalanced on the last calendar day of every month, and a sovereign debt issuer is removed if it defaults on any of its debt, including noninflation-linked bonds.
I can't speak for you, but it brings me great comfort to know that if a sovereign debt issuer defaults on any of its debt and a likely panic ensues, then BlackRock is fully committed to joining in on the panic too. No price is too low! Everything must be sold! Sell! Sell it all! Sell it all now!
BlackRock said in its filing that the Global Inflation-Linked Bond Fund will be passively managed, but it reserves the right to invest up to 20 percent of assets in futures, options and swaps contracts, as well as cash and cash equivalents.
Maybe the passively managed Global Inflation-Linked Bond Fund ought to stay 100% invested in Global Inflation-Linked Bonds?
No, that's just what they'll be expecting us to do. - Rex Kramer, Airplane! (1980)
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
10 hours ago
6 comments:
BlackRock is fully committed to joining in on the panic too.<<
Welcome to the TFGTF parte
Archie Bunker
PS--loved the Airplane quote utube--reminds me of the PPT.
Everything will be fine. There's no need to panic.
Ted, I have the strangest feeling we've been through this exact same thing before. - Elaine Dickinson, Airplane 2 (1982)
Ted, I have the strangest feeling we've been through this exact same thing before. <<<
In 2008 we had several flash crashes and in 2010 we have one and it is some kind of strange phenom. It is so insanely bizzare that everyone has discounted that we will go through the same thing into 2012, that it boggles the mind.
I guess in 1931 they thought 1929 was a once in a lifetime thing and then, well then there was 1932.
Have a wonderful holiday.
Archie B.
UUP--USA--all the way!!
Bottom feeding stocks during the 1929 crash was definitely a once in a lifetime opportunity. ;)
Do you know how Bear Stearns made its first money? They bought railroad bonds during WW II. The railroads had been essentially nationalized so the bonds were dirt cheap. They figured once the war was over they would rise in value.
Anonymous,
I did not know that.
From prime railroads to subprime housing... go figure.
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