MINT News and Press, PIMCO Enhanced Short Maturity Active Exchange-Traded Fund From 01/20/21

With interest rates hovering just above zero, it's questionable whether bonds will continue to play their traditional role as income generators and portfolio stabilizers going forward. My preference is to lower one's allocation to bonds, and to stick only to ultra-short term bonds. ...

PIMCO’s MINT helps preserve investors’ capital and provides them with liquidity and modest returns. The returns are low these days, but are likely to recover when the economy normalizes. I estimate MINT’s forward dividend yield to be around 0.49%, which is signifi...

I'm sharing the year-end letter I wrote to family members and friends whose accounts I manage. In the second part of two, I break down our portfolio holdings to explain why they're in our portfolio. We have 24 US equity positions, 4 European equity positions, and a few short-term ...

The concept of a "demographic dividend" is well-established in academic research. But the flip side of a demographic dividend is what the United States and virtually all other developed nations are beginning to experience. Unfortunately, COVID-19 probably made the situation worse ...

The last ice age lasted a very long time and caused a significant regression in the biological advance of life on earth. I think we are on the verge of entering into a new kind of ice age — an economic one — around the world today. Massive debt loads weigh down the e...

I've written on multiple occasions about how deficit spending ultimately hampers GDP growth by crowding out private investment. It can also weigh on GDP growth when inflows of foreign dollars go toward funding the fiscal deficit instead of buying US goods or being invested in US asset...

A cash balance has many uses in a portfolio. Cash is exposed to inflation risk far more than any other asset class. Short-term investment-grade bond funds provide a good cash equivalent with low exposure to credit and inflation risks. We will have a look in this report at the ...

Two Goldman Sachs ([[GS]] -1.4%) money-market funds, which swung wildly as investors withdrew billions on dollars, are piling up a liquidity buffer much larger than those of its rivals ahead of the U.S. presidential election and amid rising coronavirus cases, Reuters reports.The funds' weekly...

There are many potentially bearish catalysts today including election uncertainty, a deteriorating economic outlook, and a possible deflationary wave. Few assets including alternatives like gold and long-term bonds are safe in a liquidity shock. While unemployment has declined, jo...

The Fed has crushed yields on cash-like products, driving investors to take on more risk in an attempt to reflate markets and the economy. We look at a number of strategies available to investors that generate decent income without requiring sizable risk outlays. We also highlight...