How to use iBonds like a pro

Interest rates continue to hover at super-low levels, adding to uncertainty for bond investors. Among the worries: A turnaround in rates could lower the value of existing holdings. Holding bonds to maturity is one strategy to help seek a potential positive return on a fixed income portfolio even when rates change. Unless the issuer defaults, […]


Freddie Mac: Mortgage Serious Delinquency Rate Decreased in January, Lowest since 2007

Freddie Mac reported that the Single-Family serious delinquency rate in January was 0.60%, down from 0.63% in December. Freddie’s rate is down from 0.70% in January 2019. This the lowest delinquency rate since November 2007. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly payments or […]


NAR: “Pending Home Sales Ascend 5.2% in January”

From the NAR: Pending Home Sales Ascend 5.2% in January Pending home sales rebounded in January, ticking up following a decline in December, according to the National Association of Realtors®. Only the West region reported a minor drop in month-over-month contract activity, while the other three major regions each saw pending home sales grow. Year-over-year […]


Kansas City Fed: “Tenth District Manufacturing Activity Increased Modestly” in February

From the Kansas City Fed: Tenth District Manufacturing Activity Increased Modestly The Federal Reserve Bank of Kansas City released the February Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity increased modestly, reaching positive territory for the […]


Q4 GDP Unchanged at 2.1% Annual Rate

From the BEA: Gross Domestic Product, Fourth Quarter and Year 2019 (Second Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP also increased 2.1 […]


If 50% of the world’s investments are going to ethically invested within five years there’s going to be a massive demand for accounting reform

The FT’s Moral Money column  noted this yesterday: For years, US investment managers have been talking about huge demand building for ESG funds — but until recently the flow of money into sustainable products had failed to live up to the hype.  Now, however, it appears the dam has burst. After a record-setting 2019, Deloitte is […]


The Fair Tax Mark: achieving real change

The Fair Tax Mark (of which I was until last year a director, and which I still advise) has announced this morning that: Capita has today secured Fair Tax Mark certification and joins the growing movement of responsible Companyes who are proud to say what they pay with pride. Capita is not a popular company […]


Accountancy Personality of the Year

I have done a couple of events with PQ Magazine of late. This magazine is aimed at accounting trainees (PQ stands for ‘part qualified’). There are a lot of trainee accountants in the UK, and a whole industry (including a big bit of the university sector) that is aimed at helping them develop their careers. […]


Have you Googled yourself lately?

Picture this. You wake up one day, flick on Sunrise, and Kochie is in a flap: “Overnight the internet was hit with the biggest coordinated data hack in history. Everyone is exposed”, he warns. You whip out your phone and check your accounts, but it’s too late: All your secrets have already been flushed out […]