BRIEFING .COM
CNN.COM said this morning that BAD news will be good news, to KEEP RATES LOW!
LOW long term rates FUELS INFLATION of property values, and feeds housing bubble.
WE have flattening yield curve, it is telling us a Recession is likely.
WEAK job growth, to a rational human is NOT GOOD FRICKIN' news however you CUT it.
10 yr slumping to 3.8%!!!! FED funds 3% next meeting it could be 3.25%
Conundrum my ass.
D
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2 comments:
It is over. Done. Put a fork in the greatest Bull market the world has ever seen.
Next stop, the October, 2004 lows, then it should deteriorate pretty quickly from there.
Save your money, get out of debt, be happy.
A top takes TIME, but his one, with all the maladjustments and excesses might be one that holds for along long time.
D
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