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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (107178)1/24/2010 2:48:41 PM
From: Little Joe2 Recommendations  Read Replies (1) of 116555
 
Mish:

I think you are right. I have represented mostly seniors over quite a long career and when interest rates are artificially low they try to find yield somewhere and they increase risk. That is why so many were sucked into the stock market. Many of those would have been happy to keep their assets in interest bearing securities if they could have gotten a fair return.

lj
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