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More from Soros (previous): Bond investors might want to study the price action in 1994 if Soros...

More from Soros (previous): Bond investors might want to study the price action in 1994 if Soros is right in that interest rates are going to take a big leap once the economy gets moving - nothing profound there, but like 1994 it could sneak up and bite fixed income longs. Soros suggests it might already be happening and once the fog of the budget nonsense lifts, economic strength will be far clearer to see.
Comments (4)
  • In 1994 total nonfarm employment grew 3.4% or todays terms that
    means 4.5 million jobs or 375,000 jobs a month...( actual
    nonfarm employment in 1994 grew 3.851 million)
    25 Jan 2013, 07:14 AM Reply Like
  • bbro, 375k jobs per mth highly unlikely, unless its temp, low paying jobs.
    25 Jan 2013, 07:23 AM Reply Like
  • Yep..
    25 Jan 2013, 07:26 AM Reply Like
  • Two "themes" we keep hearing for 2013 investing: the commodity supercycle is over and the fixed income trade is finished as growth picks up.

     

    Hm. Are not these two themes somewhat... contradictory?

     

    I suspect a more accurate view is somewhat in the middle... growth, albeit verrrrrrry slow... as global deleveraging and the global currency wars continue...
    25 Jan 2013, 07:20 AM Reply Like
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