Price moves inverse to yield. For almost 30 YEARS! BONDS have been in a BULL MKT. EVEN AS we have piled on RECORD DEBT, ISSUED RECORD Treasuries (now mostly 2 and 5 yrs, some 10 years) YIELDS have continued to ? FALL !! wow what happened to supply and demand? during record bull rally of stocks?
2011 will will have US need another $1.5 TRILLION? NO END IN SIGHT....until the BOND VIGALANTIES SHOW then please g-d be merciful.......IMHO that will be the mutha of all bubble collapses and bring in untold pain and collapse, this is what bubbles bursting do....each time one grows, shows up, choices are made.....choices to DELAY REPAYMENT OF ABUSES....EXCESSES......F no we just piled on more again...lots more....am I wrong?
SO we sit here with record stock leverage, record lows of cash in funds, near record bullishness and an all in mentallity by experts, roundtables, ALL SEE NICE 2011, NONE speak of any problems issues.....and stupid me though I want to see BLUE SKIES...all I see is birds shitting on my car and it's like 2007-2009 NEVER HAPPENED
D
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