bradford86
15 years ago
Mr. Bradford,
Thank you for your inquiry.
With regard to your questions below, with $20 billion of invested assets, higher interest rates will increase investment income, yet higher interest rates will reduce the market values of our fixed income portfolio. That said, as we have many customers with smaller average policy sizes, we do not have a significant risk of needing to sell assets at market losses, so on average higher interest rates are more favorable than negative for our business.
Please let us know if you have any additional questions.
Thank you.
CONSECO IR
kmx_swing
15 years ago
CNO is strong stock, but market in general is bearish...there are no buyers, and if any , we will see only short lasting rallies...
I am afraid we need to see some retrace of DJ first.... then some good news can give it new momentum....
There are no good news on the market now....and separate companies will not help it.
CNO is good stock, unfortunately Paulson has made bad timing....market was already overbought....
Everybody waits for NOV 4....if the results are not good...we will see huge sell off
If the results are good, after short run there will be HUGE sell off....because there will be no catalyst to hold it afterwards....and CNO will join soon the overall sentiment of the market.....
Nobody is buying for long now, except those who are trapped and averaging down....
CNO stock looks good, 10+ for sure in normal market....but DJ looks ready for major correction in connection with bad news from all around the world...We have NO RECOVERY here....and that is painfull..
just my opinion of course