Sense on Cents

UPDATE: The show has concluded, but you can listen to a recording in its entirety by clicking the Play button on the audio player below. Once the playback has started, you can fast forward or rewind to any portion of the show by clicking at any point along the play bar.

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Please join me Sunday evening from 8-9 p.m. ET for NoQuarter Radio’s Sense on Cents with Larry Doyle. I believe we are now entering the next stage of the Brave New World of the Uncle Sam Economy. As we navigate the trails in this leg of our journey, our primary focus will be on interest rates. We experienced a dramatic spike in global rates over the course of the last few weeks. What do these spikes mean? Will they persist? Do we need to “lighten the weight of our packs” to successfully traverse these hills and valleys? Do the moves in rates indicate that “inflation” is just around the bend?

Listen to NQR’s Sense on Cents with Larry Doyle tonight from 8-9PM as I address all of these angles. Additionally, I am thrilled to have Luke Fry of 12th Street Capital join me to address these topics and developments in and around the world of mortgage-backed securities. Luke is a senior salesman at 12th Street Capital, a leading broker-dealer with untold expertise in the mortgage business. Prior to 12th Street, Mr. Fry was a Managing Director at Knight Libertas, LLC where he was responsible for providing market insight and analysis in mortgage and asset-backed structured products to a wide range of clients that included hedge funds, money managers, insurance companies and banks. Mr. Fry was hired as the first salesperson on the ABS/MBS desk at Libertas Partners and helped expand the group to over 12 salespeople while seeing the company through a merger in July 2008 with Knight Capital Group, the largest U.S. equity market maker.

Mr. Fry began his career in New York City on the buy-side with Sanford C. Bernstein & Co., which at the time managed over $90 billion in assets, and became Associate Portfolio Manager in their Fixed Income Department. His responsibilities included the daily trading of treasury and corporate securities as well as maintaining portfolio duration and allocation targets for institutional clients and mutual funds. Mr. Fry left Sanford C. Bernstein in 2000 to begin his sell side experience with Banc of America Securities. At Banc of America Securities, he provided institutional investors coverage in structured and rates markets products, including CDOs, interest rate swaps and ABS/MBS. Mr. Fry played a key role in expanding the Financial Institutions Group at Banc of America Securities before moving to the Los Angeles area in 2006 to join WaMu Capital Corp as a Director.

These are truly historic times in the global economy. Let’s “navigate the economic landscape” without the pandering or nonsense found elsewhere! What is on your mind? What would you like to address? Please share your questions and thoughts by calling in to (347) 677-0792, and also join our live chat room, which I’ll start up about 10 minutes before the show begins. Many thanks to Larry Johnson and the rest of the team at NoQuarterUSA blog for providing such a vibrant vehicle as NoQuarter Radio. I look forward to having you join me Sunday evening as we collectively navigate the economic landscape!!

LD

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