Just to be clear though, the big trends now are soaring inflation and falling financial asset prices, along with increased energy scarcity. This produces a variety of pair trades, which include: short government bonds, long energy, short residential housing, long gold, and probably short commercial real estate and corporate bonds as well, while going long farmland and agriculture.
June 11th, 2009 | Dan Denning | 4 comments | ContinuedAll Posts Tagged With: "bond yields"
Geithner’s Trip to China Was, At Best, a Draw
His goal was to bluff and bamboozle the world’s investors – notably China – into believing that the US had its finances under control. Once we’re out of this mess, he told China’s top man, we’re going straight.
June 5th, 2009 | Bill Bonner | 0 comments | Continued
China Makes Recession Recovery
As predicted, the world markets are enjoying a bounce. People who had no idea there was anything wrong with the world financial system two years ago, now say the problem has been fixed.
Who fixed it? The people who had no idea what was wrong with it, of course.
May 6th, 2009 | Bill Bonner | 2 comments | Continued