Phil Grossfield's Blog


Commencing Countdown Engines On

spaceoddity3Commencing Countdown Engines On…this is Major Tom to ground control….  I posted this yesterday but felt compelled to post it again after seeing an interview with astronaut Chris Hadfield on the Conan O’brien show last night. Hadfield recorded David Bowie’s Space Oddity WHILE IN SPACE ORBITING THE EARTH. Check it out…

His son encouraged him to do the song but the Colonel insisted some of the lyrics be changed, specifically, the part of the song where the astronaut dies. So, his son rewrote some of the lyrics to the satisfaction of his father and then put the audio and video together to make the YouTube video that has been viewed by nearly 19,000,000 people. Everything about this video is cool including the amazing and exhilarating imagery he shares from his window. In fact, this moved me so much I bought his book entitled An Astronaut’s Guide to Life on Earth.




Janet Yellen

My Market Watch:   Pricing Improved – Bonds Up Again. The 30-year bond is trading better this morning and is now up +13bps on the day. This improves the price of the bond which in turn improves rates/pricing.  Interbank’s pricing improved again this morning.
The reason for the increase is probably due to Janet Yellen’s confirmation hearing today and her comments that although QE cannot go on forever, there is no immedietate plan to decrease the amount of Fed bond buying. This is encouraging for bond traders and as a result Capital Markets feel confident in pricing aggressively. Take advantage of this time…get locks now!


MOVEMBER.  Last year I grew a gnarly mustache. It was so thick you could barely see my face at all. I’m 46 and my Dad had, and beat, prostate cancer. This is why I don’t shave to support Movember…a charity for research aimed at men’s Cancer afflictions. If you’d like to join my team, click here. If you’d like to donate, even $5, click here. Thanks.  All you have to do is not shave!  


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