Monthly Archives: September 2011

Reinsurance Group of America

I read an article by Zacks on RGA.  I thought it was poorly reasoned.  Here’s what I wrote as a comment: “However, the primary factors to our Neutral recommendation are Reinsurance Group’s reliance on availability for affordable retrocession. The company had increased the maximum amount of coverage that it retains per life in the U.S. […]

Redacted Version of the September 2011 FOMC Statement

August 2011 September 2011 Comments Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected. Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. No significant change. Indicators suggest […]

Please Sell Your Treasury Bonds, China

This will be a short post.  I am not worried about China selling its US Treasury bonds for several reasons: As they sell, the Yuan will rise versus the Dollar, which the Chinese Government does not want. Eventually their exports will fall, as US exports rise. After that, the Chinese Government faces a reinvestment problem.  […]