I know, I know. The SP500 just tagged a new high and unemployment remains under 4%.
What could go wrong?
SO WHY is the bond market screaming for a return to zero yield interest rates? NOW!
PRONTO or KA BOOM!
It makes perfect sense only if the financial market is not the economy. And the financial system has become one gargantuan-global-credit-bubble-ponzi scheme requiring ever-larger monetary stimulus to keep from imploding.
Otherwise, I have no idea.
Okay, I have some ideas. And because I am tired of replying to those who believe it’s the “Greatest Economy Ever” or “Buy and Hold No Matter What” I wrote, “Why I Am Defensive And You Should Be Too“. I hope you have 9-10 minutes to read it if you haven’t already.
There is more of course, but we have to start with a reliable frame of reference on where our funds are sitting.
TSP & Vanguard Smart Investor helps serious and reluctant investors make better informed decisions. And provides market warnings when needed.
Categories: TSP Charts