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Michael Levy
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Michael Levy is a professional optimist. He is an international radio host and the author of ten inspirational books. His new explosive book is titled; "CUTTING TRUTHS" It is now available at Amazon and Michael's website. Michael's poetry and essays grace many web sites, newspapers,... More
My company:
Point of life Inc
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Michael Levy's Blog
My book:
CUTTING TRUTHS
  • Who Can Solve Mysteries? 3 comments
    Jun 30, 2010 12:42 PM | about stocks: TBT
    Call me cynical or perhaps even skeptical but i do enjoy solving a good mystery when it comes to human behavior. I usually can find answers that satisfy my curiosity. However, there is one big mystery right now that I am having difficulty solving and that is, who is it, that can convince people the biggest debtor nation in history can get clever investors to buy a ten year treasury note under three percent and believe they can make money on it?
     
    Corporate profits in the USA are getting better and many companies in the S & P 100 are raising their dividends.

    So my question to all the financial mavens is... How can the USA treasury bills and notes be a safe heaven at such low yields ( two year at 0.6%, ten year under 3%) when the USA debt is at an all time high?

    U.S. NATIONAL DEBT CLOCK

    The Outstanding Public Debt as of 30 Jun 2010 at 04:45:33 PM GMT is:

    $ 1 3 , 0 4 6 , 0 7 0 , 4 5 0 , 2 5 5 . 3 0

    Disclosure: Long TBT

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Comments (3)
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  • Martin Berkoff
    , contributor
    Comments (4) | Send Message
     
    Michael is correct in his findings , and I enjoy reading his point of view
    30 Jun 2010, 02:12 PM Reply Like
  • MH1234
    , contributor
    Comment (1) | Send Message
     
    Michael has a good point - The numbers speak for themselves !.
    7 Jul 2010, 05:49 AM Reply Like
  • Tomt21
    , contributor
    Comments (7) | Send Message
     
    I,ve known Michael for years and I believe he truly has an understanding of the present US economy, more than many present elected officials.
    18 Aug 2010, 07:23 PM Reply Like
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