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Treasury Inflation-Protected Securities: What Investors Should Know About TIPS

CFO News Room

TIPS have suddenly moved to center stage for investors, as the surge in inflation has drawn new interest in Treasury inflation-protected securities. That means TIPS can be a cash drain, unless they’re held in a tax-free account like an individual retirement account or 401(k). on average, Morningstar says. More in ‘Need to Know’.

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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

At that point in time, only 20 percent of SMBs we talked to that asked the government (at any level) for assistance received any, and only 17 percent that asked their banks for more funding had gotten it. Doing The Math. SMBs can apply through their banks for SBA assistance, which offers a loan of 2.5 It may not be so clear-cut.

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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

Why this new book, focusing on central banks and their influence? That thru-line concerns this external body – the central banks – which can effectively manufacture money, and how this money, just by sheer mass momentum and the players involved, goes disproportionately to financial markets relative to the real economy.

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Transcript: Steven Klinsky

Barry Ritholtz

It was between corporate law and investment banking. RITHOLTZ: So even back then, when it was the size that you could take a Christmas picture with everybody in one room at Goldman, they’re still doing investment banking. September 13, 1981, I think the 10-year Treasury was 15.84 RITHOLTZ: Oh, really? KLINSKY: Yeah.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

And the ETF, the ETF wrapper, allowed people to get that exposure inexpensively, holding it in a brokerage account. And I’ve had people stop me, even at Vanguard, in the hallway and say, “Wow, I didn’t realize that I’ve been leaving this much money on the table by keeping a sizable amount of deposits at my bank.”

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Transcript: Graeme Forster, Orbis Investments

Barry Ritholtz

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. It’s just math stick to it over long periods of time. And the 10 year yield of A A A J G B or or a or a, a treasury or a bond.

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Transcript: Cathy Marcus, PGIM Real Estate

Barry Ritholtz

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. I worked in sort of a quasi portfolio management role for like a single client account type business. I only took, you know, three accounting classes and I’m, you know, I, I don’t think I’m your person.