Fixed Income

Retirees Don't Need Income Real Money Pro($)

Seriously, what they do require is money to spend. 
If they don't, the risk a boy-who-cried-wolf phenomenon.
Don't get suckered into buying long-term bonds.
Macy's and Nordstrom's corporate bonds look increasingly interesting.
They're subject to fickle flows, so avoid them; also, keep an eye on the Chicago school bond situation.
The job market's in a slump, but the season isn't over.
The market is not positioned for the rise in inflation that is ahead.
Sohn attendees can expect the new Bond King to cover a lot of area, perhaps even last year's pick: Puerto Rican bonds.
Look for Fed Speakers to Say June Is in Play
The Fed is blowing hot and cold on interest rates.


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