Click to enlarge.
The seas seem to be getting rough again.
It would also seem that the Fed has not permanently put an end to the business cycle after all. Retail stock market investors really better hope that the trend reverses, or it will soon become bagholder time yet again.
And for those who would laugh and tell me that the stock market is hovering near an all time high, I would simply ask the following questions.
This gives you comfort? You are sleeping well at night? If everything is going so well and the economy is so robust, then why isn't Jeremy Siegel's Great American Bond Bubble popping?
March 2, 2014
The Bond Yield Bubble of 2013
T-Shirt Idea:
I've been a believer in the Great American Bond Bubble since 2011 and all I got was this lousy interest rate.
Source Data:
St. Louis Fed: Custom Chart
2 comments:
The key is "diversifying" among all the "choices." Sort of like voting and so at the polls today I found myself writing in "None of the above."
dd,
There's a party just for you in the UK!
No Candidate Deserves My Vote!
No Candidate Deserves My Vote! has just one core policy:
To add a none of the above option onto the bottom of every ballot paper of the future, giving the disaffected voter a reason to turn out to vote.
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