“Convince me why I shouldn’t buy junk bonds.” It wasn’t a challenge. My colleague Kyle was looking at some of the juicy yields on offer in high-yield bonds and was legitimately wondering why he shouldn’t load up his IRA with them. I’m not saying he shouldn’t. Junk bond yields really do look ripe for the...Read More

This is by no means new news, but it’s still worth marveling at the spike in the VIX. Not only did it surpass the 2008 highs… it did so by a wide margin. And this ins’t over yet.Read More

Macquarie Infrastructure Company (MIC) faces challenges due to its exposure to aviation services. But even under the worst case scenario, the stock looks cheap.Read More

On its face, Apple (AAPL) might not seem like your typical “income stock.” For one, AAPL’s dividend yield hasn’t eclipsed 2.4% at any point in the past five years. And a long rally in Apple stock has driven its current yield to a mere 1%. Apple’s revenue stream has long been lumpy and overly dependent on the...Read More

An tornado ripped through my part of Dallas Sunday night, knocking the power out of my office building. As of this morning, they’re still not sure when the power will be turned back on. Judging from the number of electrical poles I saw ripped out of the ground, I’m guessing it will be a while....Read More