The Current Market Atmosphere: Easy Money Hard to Come by [View article]
A litle extreme perhaps, but I remember IBM bonds with a 12% coupon issued in th later 1970's. The real question is where do you hide your cash hoard? If in US$ inflation will eat away a lot of your purchasing power. Sovereign debt will probably suffer as the US$ gets strengthened a little, to bring down the cost of gasoline. Commodities are already pretty pricey, real estate the usual money vault against inflation has many problems of its own to wade through. So where to hide?
The Current Market Atmosphere: Easy Money Hard to Come by [View article]
The real question is where do you hide your cash hoard? If in US$ inflation will eat away a lot of your purchasing power. Sovereign debt will probably suffer as the US$ gets strengthened a little, to bring down the cost of gasoline. Commodities are already pretty pricey, real estate the usual money vault against inflation has many problems of its own to wade through. So where to hide?
Wall Street Breakfast: Must-Know News [View article]