I agree with all of the other reasons that Treasuries are in a bubble but would wait for a technical sign to show that the bubble has burst mainly because I don;t think we have seen the worst news in which a "mania" type phase occurs. Although I do think that once the bubble bursts the flood gate will open, I don't want to short treasuries before a technical indication as many people lost their shirts trying to predict the top or short the tech bubble and oil bubble.
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I agree with all of the other reasons that Treasuries are in a bubble but would wait for a technical sign to show that the bubble has burst mainly because I don;t think we have seen the worst news in which a "mania" type phase occurs. Although I do think that once the bubble bursts the flood gate will open, I don't want to short treasuries before a technical indication as many people lost their shirts trying to predict the top or short the tech bubble and oil bubble.
Dec 25 14:27 pm
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All Comments by Errol »Bubbly Treasuries Will Disappoint [View article]