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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Defrocked who wrote (55937)8/10/1999 9:39:00 PM
From: Investor2  Read Replies (2) of 86076
 
So I take it you think I'm making a mistake by remaining 60% long? <g>

Re: "I also find the 30Yr/10yr spread, only 9 bps., foreboding, especially with the Fed's perceived monetary stance."

Help me here. Flattening of the yield curve predicts lower long-term rates in the future. Right? So this conflicts with the Fed's perceived tightening. Right? So the bond market thinks that the Fed is going to tighten and throw us in a recession, which will cause rates to fall in the future?

Is this what you're thinking?

Best wishes,

I2

PS - Did you notice GZ's current holdings? Very bullish.
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