The end of the article says this:
Keep your eye on US Treasuries. Stocks, despite being so popular with investors are usually the LAST to get what’s coming down the pike. And investors just parked $30 billion for a month with Uncle Sam at virtually NO YIELD yesterday.
Put another way, someone(s) is/are willing to not make money just for the sake of insuring return OF capital (the US can always print money to return it) rather than any return ON capital.
1 comment:
The treasury market is a bubble waiting to burst and when it does it will lead to the greatest financial collapse that the world has ever know.
Post a Comment