When I wrote an article a few months ago about how to protect against colossal loss in a strange investment environment, little did I know that a major sell-off was just around the corner. My argument was based solely on the combination of very optimistic market prices and general investor complacency about[…]

With global stock markets tanking and coronavirus cases rising rapidly in Asia, Europe and North America, politicians around the world are racing to unveil emergency measures to help the economy weather the storm. In Italy, where the entire population of 65 million has been under lockdown since early this week,[…]

Mortgage-backed securities, are shares of a home loan sold to investors. Ordinarily, a bank or mortgage financier lends money to an individual to buy a home and collects monthly payments on the loan. Such loans, can be pooled together into a single security and sold to a larger bank at[…]