It's a Winter Warming Spell - But More Snow Ahead for Markets [View article]
The market right now is a reflection of WISHFULL THINKING that will soon disappear. WE ARE IN A DEPRESSION believe it or not! I hate to be the bearer of bad news but its a fact!! There is excess capacity and excess liquidity in the system and Uncle is creating more liquidity. Its just going to take time for the excess capacity and liquidity to downdraft.....until that happens forget about any bottom........the paper and excess capacity has to destruct and we have to bottom and I mean hit the dirt hard before we see any improvement....MarvinM...
The yield on on the Treasury bonds and notes are far below the inflation rate plus 3% so it costs the investor to finance the government via the treasury. Perhaps investors will wake up some day and realize that Uncle Sam is extracting a price from you or letting you hold onto Treasuries. There is a negative real return investing with USam...why do it???? Keeping your money in the mattress is safer...at least you lose less.
It's a Winter Warming Spell - But More Snow Ahead for Markets [View article]
Bond Expert: Friday Wrap [View article]