iShares Short Treasury Bond ETFAverage Yield to Maturity: 0.15%Expense Ratio: 0.15%Perfect!It is just like cash, only it isn't cash. It's a professionally managed bond fund! Genius!Check out the fund's chart. What's not to like? $2.4 billion in assets! Very popular!July 20, 2009Focus on short end of yield curve, PIMCO saysFocus as you patiently await the end of ZIRP! 5 years so far! But we really, really, really mean...
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The Sarcasm Report v.185

Click to enlarge.The blue line shows the annual average of the St. Louis Fed Financial Stress Index and the Kansas City Financial Stress Index.The red line shows the negative of the annual average of the real S&P 500 Index (December 2013 dollars).1. The key to maintaining the stock market's currently lofty level is to keep the financial stress at a near record low. That's right. Keep it there permanently. Just say...
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The Sarcasm Report v.184

January 27, 2014Why Norovirus Is So Nasty and Terrifying to Travelers“The virus is not killed by alcohol sanitizers. It survives and can be infectious on surfaces,” he said. "People who are infected will shed the virus for days after their symptoms resolve. This is a real problem for food workers on cruise ships. Lastly, if you go into a bathroom that has been used by someone who has the norovirus, you can get sick.”Compare...
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The Sarcasm Report v.183

January 22, 2014Forbes: Protect Yourself From A Treasury Bond CrashHow do you make money from this crash—or at least lessen your losses from it?January 27, 2014Wall Street Journal: Treasurys Swing Higher After New-Home Sales LowerThe newly revealed weakness in the nation's housing sector underscored the dependence of the economic recovery on cheaper financing, a key factor that will hold interest rates from racing higher...
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The Sarcasm Report v.182

December 11, 2013New Republic: Techies Are the New PuritansYou can preach compassion, equality, and be the biggest lover in the world, but there is an area of town for degenerates and an area of town for the working class. There is nothing positive gained from having them so close to us. It's a burden and a liability having them so close to us. Believe me, if they added the smallest iota of value I'd consider thinking...
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The Sarcasm Report v.181

November 19, 2013MSN Money: How to rescue your retirement at 55Since this is a mainstream article one can probably assume that there are a lot of people interested in rescuing their retirement at age 55 or at the very least there are a great many people interested in how the retirement rescue advice might apply to them.I have rearranged the order of the advice to maximize the dramatic effect.1. Reduce your consumptionThis...
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The Sarcasm Report v.180

November 16, 2013Backlash over changes in flood insuranceA complex new federal insurance law is having so many unintended consequences that some of its original sponsors and backers are now trying to delay it.It's not the Affordable Care Act.The Hunt for Red October (film)Ambassador Andrei Lysenko: There is another matter... one I'm reluctant to...Dr. Jeffrey Pelt: Please.Ambassador Andrei Lysenko: One of our submarines,...
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The Sarcasm Report v.179 (Musical Tribute)

October 14, 2013Macy's to open on Thanksgiving for the first timeI'm in Macy's at least once a week telling them that they better @#$%ing well have those doors open by 8pm on Thanksgiving Day if they know what's good for them. @#$% their workers! If I'm there, then they @#$%ing need to be there too!The department store chain cited increasing demand from shoppers for the earlier opening.Excellent! I also gave them a...
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