Perspectives

TSP & Vanguard Smart Investor Posts

Doug Noland: Calm Before the Storm

…more pressing, the blowup in Kuroda’s JGB yield peg gamble might be only weeks away. At this point, market operators (i.e. the leveraged speculating community) smell blood. Shorting JGBs at a 25 basis point yield – in today’s backdrop of surging global inflation and bond yields – provides a rare risk vs. reward opportunity for speculating in a multi-trillion dollar market.

TSP Smart: Market Risk Updated

Our latest Market Risk E-mail is posted under our Market Commentary section for all subscribers today. Also, I’ve provide a short summary on our projections for different investments under our Current Allocations page.