Safest short of 2010? (ZZ)# Stock
N*n
1 楼
Shorting the world’s most overvalued asset has got to be the big trade for
2010. I’m talking about 30 year US Treasury bonds.
The relentless whirring of the printing presses is so loud that they keep me
awake at night, even though, according to Mapquest, I live 2,804.08 miles
away. What will be unique with this meltdown is that it will be the first
collapse in history of a bond market in a non-inflationary environment.
It is not soaring consumer prices that will execute the coup de grace on the
2010. I’m talking about 30 year US Treasury bonds.
The relentless whirring of the printing presses is so loud that they keep me
awake at night, even though, according to Mapquest, I live 2,804.08 miles
away. What will be unique with this meltdown is that it will be the first
collapse in history of a bond market in a non-inflationary environment.
It is not soaring consumer prices that will execute the coup de grace on the