John Lounsbury
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Bond Expert: Wednesday Wrap [View article]
I appreciate the analysis you do on bonds. Thanks.
I sold my TBT positions this morning fearing a possible return flight to safety if the stock market deteriorates further.
Wall Street Breakfast: Must-Know News [View article]
On Nov 24 09:40 AM axelrod608 wrote:
> It is clear that globally "leaders" are acting based on beliefs rather
> than objective analysis. The amount of "money" being thrown at this
> problem cannot possibly be repaid. The productive economy that is
> left simply cannot support this kind of spending.
>
> The economy created by Greenspin's decades of unlimited cheap credit
> was and is unsustainable and portions of it - like the auto, housing
> and finance sectors - are similarly unsustainable. They will become
> the Terry Schiavos of the future, on permanent life support.
>
> "Change" ? No, we can't.