Today the U.S. Supreme Court voted 7-2 to uphold a state’s right to provide tax-exempt status to in-state municipal bonds. Read full WSJ story The ruling overturns a Kentucky appeals court holding that had said the practice violates the U.S. Constitution because it discriminates against out-of-state bonds. The outcome means the opinion will require no […]

Comments Off on Muni’s tax-exempt status upheld | Filed under: General, Municipal Bonds
Posted on May 19th, 2008 by Bob Brinker

Freddie Mac raising $5.5 billion April 2008 CPI report  released this morning. Year over year figures are: Headline CPI +3.9%. core CPI +2.3% Fed is ready to boast TAF loans again if needed LIBOR/TED spread improving

Comments Off on May 14th – What we’re reading | Filed under: Federal Reserve, General, Inflation
Posted on May 14th, 2008 by Bob Brinker

Ben Bernanke – The Improviser Credit markets improving Apple’s online store sold out of iPhones Treasury Cash Avalanche

Comments Off on May 12th – What we’re reading | Filed under: General
Posted on May 12th, 2008 by Bob Brinker

Through 5/12/08 close: 10-day: 0.93 60-day: 1.06 Today: 0.87

Comments Off on Put/Call update | Filed under: General
Posted on May 12th, 2008 by Bob Brinker

3 – month 3.55% @ Nexity Bank 3.51% @ E-LOAN 6 – month 3.75% @ Countrywide 3.75% @ Corus Bank 1 – year 4.1% @ GMAC 4.1% @ IndyMac 4.1% @ Countrywide 2 – year 4.25% @ Countrywide 3 – year 4.5% @ Countrywide 4.25% @ Capital One Bank 4 – year 4.75% @ Capital […]

Comments Off on High yielding CD update | Filed under: CDs, General
Posted on May 12th, 2008 by Bob Brinker

Bank of America may pass on the Countrywide debt Fed increases Term Auction Facility (TAF) liquidity by 50% Buffett buying Is a friendly Microsoft / Yahoo! deal imminent?

Comments Off on May 2nd – What we’re reading… | Filed under: General
Posted on May 2nd, 2008 by Bob Brinker

The Bureau of Labor Statistics (BLS) released the April 2008 Employment Situation report this morning. The report beat the very low expectations by showing a loss of 20,000 nonfarm payroll jobs in April – better than the expected 75,000 job loss estimates. In addition, the unemployment rate was slightly lower at 5% – down from […]

Comments Off on The Employment Situation | Filed under: General
Posted on May 2nd, 2008 by Bob Brinker

The May 2008 edition of the Brinker Fixed Income Advisor was published online today.

Comments Off on May 2008 Brinker Fixed Income Advisor online | Filed under: General, Investment Letter
Posted on May 1st, 2008 by Bob Brinker