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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ggersh who wrote (105005)9/11/2009 1:31:10 PM
From: TH  Read Replies (1) of 110194
 
ggersh,

Yes, but what is the "thing" they are seeing. Not just the normal deflation talk.

There is something else. Is it the long pending implosion in commercial? The consumer debt/consumption curve taking a dive for the count? Or it is simply that the rally was nonsense, predicated on nonsense, and powered by idiot bulls who can't see past the next tick?

I don't know, but I know they are seeing something.

Or, Ben has wizards buying with QE and funneling back on the Fed balance sheet. If this is true, and in scale significant enough to really move the iceberg that are bonds, we are truly and completely screwed. Ben must know that will not work. Or maybe he doesn't.

GT
TH
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