Ten Non-Predictions for 2009, Part I [View article]
As long as "fear" rules the investing public, money may stay in Treasuries. The only bubble that may burst are 20 and 30 year T's and it may be a slow bleed of air outward. I am short the 30 year but am in the red and probably way too early. I suggest readers look at intermediate investment grade corporate bonds for a 4-5% yield that should hold up reasonably well.
On Jan 08 05:54 PM austrian63 wrote:
> I agree with your Non-predictions however I do expect the government > debt bubble to pop in 2009. If not it is only a matter of time. > > > It's good to see there are some non-Keynesians out there however > none of us are policy makers. The witch doctors who served the bubble > brew are still in charge so hold on for another year of unintended > consequences.
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As long as "fear" rules the investing public, money may stay in Treasuries. The only bubble that may burst are 20 and 30 year T's and it may be a slow bleed of air outward. I am short the 30 year but am in the red and probably way too early. I suggest readers look at intermediate investment grade corporate bonds for a 4-5% yield that should hold up reasonably well.
Jan 10 15:46 pm
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All Comments by Emerald »Ten Non-Predictions for 2009, Part I [View article]
On Jan 08 05:54 PM austrian63 wrote:
> I agree with your Non-predictions however I do expect the government
> debt bubble to pop in 2009. If not it is only a matter of time.
>
>
> It's good to see there are some non-Keynesians out there however
> none of us are policy makers. The witch doctors who served the bubble
> brew are still in charge so hold on for another year of unintended
> consequences.