Friends, rates haven't been this low in over 50 years!! You can see from the chart above, thanks to economagic.com, that long term yields have been trending DOWN since 1980!!!!!!!!!!
WHat do you think the NEXT BIG MOVE FOR YIELDS WIIL BE? MANY think yields will continue to FALL because of WEAK ECONOMY.
What we do know is since 2006 foreignors have been buying LESS of our debt.....at the same time the US FEDERAL DEFICIT IS SOARING, this year by almost $2 TRILLION !!!!!! so if foreignors are backing off, WHO IS STEPPING UP? THE FEDERAL RESERVE? maybe why SMOKE is coming off their printing presses......but friends IMHO so far they haven't been able to induce INFLATION, we also have SLACK SLACK SLACK in manufacturing.....and a US CONSUMER cutting back back back.
Let's KILL THE US $ is our way to PROSPERITY???? WTF>????!!!!!
We've shot our wad, used enormous AMMO and what do we have to show for it, BIGGER TOO BIGGER TO FAIL BANKS? A NEAR DOUBLING OF DERIVITIVES to which NO ONE seems to know or care where and to whom?
better know when THIS party ends folks....better know for sure!
BULLS IN THE END WILL GET THE ULTIMATE POPCORN SURPRISE!!!! IMHO
Duratek
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