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A couple of quick things:

First I suggest that you read Jeremy Grantham's latest named "Night of the Living Fed". Jeremy is a legendary investor who is one of Wall St.'s all time greats. It's a nice read.


Emerging market bond bubble anyone (click to enlarge)?

Bubbles are popping up everywhere as Wall St. frantically looks for decent yield. At this point, investors would buy a house full of hookers that had herpes if the place was yielding 8%.

Like all bubbles this one won't end well.