Michael Cale of Financial Methods is talking about inflation-protected Treasury Securities in I-Bonds Yield Higher Than Treasuries. These securities have a current yield north of 6.5%, which is higher than any other money-market instrument.As always, look around. You might find something you like.
Abnormal Returns gives us Emerging markets hoopla. He discusses academic research showing that higher economic growth isn't necessarily a precursor to higher stock market returns.
James Hamilton of Econbrowser talks about Oil Company Profits. He notes a puzzling pattern - that much of the oil companies' investments are for replacement of existing equipment rather than for new exploration.
Monday, November 07, 2005
This Week's Carnival of The Capitalists
This week's COTC is up at Part Time Pundit. Here are a couple of pieces I liked: