Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (180585)	1/29/2009 6:27:10 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

I wonder if this has anything to do with all the talk of monetizing everything? Prolly so. It makes me wonder if it isn't high time to fade the bounce in the refi-related issues like FNF and FAF What do you think? EDIT: made up my mind, it's worth a shot. `BC

To: patron_anejo_por_favor who wrote (180585)	1/29/2009 7:22:51 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 306849

walstreetpro sure has a lot of statistical datapoints at the tip of his fingers....<gg> he telling the sheeple 'i want the revolution' got TBT? youtube.com New York, NY bloomberg.com. Treasuries Headed for Full-Blown Bear Market, Citigroup Says By Molly Seltzer Jan. 29 (Bloomberg) -- Treasuries are moving into a “full- blown” bear market as global stimulus packages increase demand for capital, according to Citigroup Inc. “This may sound a bit ridiculous, but we think we have begun a full-blown bear market in fixed income,” wrote Tom Fitzpatrick, Citigroup’s New York-based chief technical analyst, and London-based strategist Shyam Devani. “The commodity that is going to be the most in demand as far as the eye can see is capital. As a consequence, the cost of capital can only go one way -- up.” The 30-year bond’s yield may rise to 5 percent by late 2009, the highest level since August 2007, according to Citigroup. The U.S. will probably borrow $2.5 trillion this fiscal year, compared with $892 billion last year, according to Goldman Sachs Group Inc. The firms are among the 17 primary dealers that trade directly with the Federal Reserve. The bond’s yield rose 11 basis points, or 0.11 percentage point, to 3.53 percent today. It fell to 2.509 percent on Dec. 18, the lowest level since sales of the security began in 1977. President Barack Obama’s $819 billion stimulus package, passed in the U.S. House yesterday by a 244-188 vote, is equivalent to one-quarter of the entire federal budget. Countries including the U.K., Germany and India are also increasing spending to boost economic growth. “The most striking feeling we have as 2009 begins is that there is this wall of consensus negativity about financial markets,” the analysts wrote. “We believe this comes from the need for huge government issuance around the world competing for a scarce resource.” Increased government spending will spur concern that inflation will accelerate, prompting the greenback to weaken and gold to rise, the analysts added.