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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: studdog who wrote (98040)1/19/2013 10:31:27 AM
From: Metacomet  Read Replies (1) | Respond to of 217927
 
Just another "advisor" running his book..

Motivates the debt scolds to use his services

Here is reality, but accepting reality would be bad for business for those carrying water for the pigs

Message 28660822



To: studdog who wrote (98040)1/19/2013 10:54:07 AM
From: John Vosilla  Respond to of 217927
 
The total cost of servicing private debt is at the lowest level in 2 decades. We have exchanged to some degree private debt for public debt, but unwinding the Feds balance sheet will be much much easier than the unwinding of our collective balance sheets has been over the last 5 years.
I am actually quite surprised at how fast we have been able to chip away at private debt and expected us to be where we are now in another 5 years


Yep seems that way to me too. The untold story. Of course things could change if/when interest rates normalize to the average of the past two decades pre financial crisis.. In the public sector an additional $600B a year just in added interest



To: studdog who wrote (98040)1/19/2013 8:26:37 PM
From: carranza21 Recommendation  Respond to of 217927
 
You've missed it, totally.

These folks are interest rate jocks, advisors to numerous fixed income funds. Their business is to deal with interest rates. Their record is splendid. They've called the bond bull beautifully.

They have $4bn under management. Just lucky, I guess.

Their long term strategy for as long as I remember was to be long bonds. It's been extraordinarily profitable in the past few years.