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You make many good points.
Jan 11 08:30 am
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All Comments by prudentinvestor »The Fed's Bubble Trouble [View article]
I'll add the suggestion that the current fad of bullishness on municipal and corporate bonds will prove false, except perhaps as a short-term trading opportunity. Longer maturity investment grade or municipal issues will be decimated by the inflation tsunami that is likely to hit in 2010-2012.