THE GREAT BOND BUBBLE JOINS THE S&P
The two most important questions Will you lend to someone who is insolvent and has no plan to get out of insolvency at 1.47% for 10 years when inflation is running at about 3% and prospects of hyper-inflation loom? Will you sell good assets that are likely to protect your future because S&P 500 crossed an arbitrary line on a chart? Any astute investor would answer the above two questions with a firm “no.” A question everybody should ask Yet fear is such a powerful emotion that it has overcome logic and sanity in the markets.The good news is that