A couple of quick things. First I suggest that you read Jeremy Grantham's latest named "Night of the Living Fed". Jeremy is a legendary investor who is one of Wall St's all time greats.
It's a nice read.
Also:
Emerging market bond bubble anyone:
Bubbles are popping up everywhere as Wall St frantically looks for decent yield. At this point, investors would buy a house full of hookers that had herpes if the place was yielding 8%.
Like all bubbles this one won't end well.
In the meantime:
Party on!
Also, lets not forget to thank Mr. Bernanke and the Fed for turning our financial markets into one giant Ponzi scheme/casino as a result of their zero interest rate and other easing policies.
Futures and gold are both up again! Don't forget, QE2 is only 2 days away and it's gonna be one hell of a party because all of our problems will be solved!!! Let's Celebrate!
4 comments:
watching the celebration vid, along with the cryptic, sarcastic undertones made for quite an appropriate halloween spook, jeff.
happy halloween!
You know I am a huge Saints fan but I think the Steelers have too much for my crew!
Thanks anon!
Happy halloween to u as well.
Tough game so far. Defensive struggle
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