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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (59407)5/15/1999 9:53:00 AM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

>>I disagree about the bonds. I think the real weakness of this credit bubble economy will work in favor of T-Bonds.<<

I agree with you and I don't. I think it may be a matter of our different time horizons in the discussion. I can definitely see a period of deflation and economic weakness in the relatively near future that will cause bonds to be a great place to be. But if you put a gun to my head and said you have to hold this 30 year treasury to maturity and offered me 5.9% I would have to let you shoot me. <g>

Wayne
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