Wednesday, March 26, 2014

Bond bottom?

A chart of the long bond ETF TLT looks like it is getting set to rocket higher.
I am not sure. But at a time when interest rates are expected to RISE it seems ominous.
Or is it that there may be war in Europe.

I don't know what is causing the interest in safety.
The action in the stock markets seems "odd".
Perhaps it is just me. But it seems as if the patrons are quietly heading for the exits before some fool yells "FIRE!".

I am in the cave. Waiting.


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