The August 2008 – Brinker Fixed Income Advi$or investment letter is available for subscriber access at www.brinkeradvisor.com

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Posted on July 31st, 2008 by Bob Brinker

Here is the full 2008 2nd Quarter GDP report. The 2nd quarter advance GDP figure is 1.9% – up from 0.9% in the 1st Quarter. 

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Posted on July 31st, 2008 by Bob Brinker

Today the Federal Reserve announced a few changes/improvements to the existing liquidity facilities recently created. The full press release can be viewed here. Below are the major changes:

1) Extension of the Primary Dealer Credit Facility (PDCF) and the Term Securities Lending Facility (TSLF) through January 30, 2009.
2) The introduction of auctions of options on [...]

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Posted on July 30th, 2008 by Bob Brinker

Huge Housing Bill Set to Become Law
July Beige Book Report
The iPhone Blog
PIMCO – Bill Gross
PIMCO – Paul McCulley
TSLF Operations – NY Fed

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Posted on July 25th, 2008 by Bob Brinker

The following two charts illustrate the 5-year and 10-year inflation expectations by comparing the 5 & 10 year nominal treasury (pink line) versus the 5 & 10 year TIPS (blue line). As you can see, inflation expectations (yellow line) remain well anchored.
5-Year Nominal vs. TIPS

10-Year Nominal vs. TIPS

Comments Off | Filed under: Federal Reserve, General, Inflation, U.S. Treasury
Posted on July 1st, 2008 by Bob Brinker

The following chart illustrates the 10-day and 60-day put/call ratio relative to the S&P 500 Index since January 2004:

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Posted on July 1st, 2008 by Bob Brinker

Our July 2008 edition of the Brinker Fixed Income Advisor is online – available for subscriber download at http://www.brinkeradvisor.com/

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Posted on July 1st, 2008 by Bob Brinker