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[nimblebear]

We are now seeing 3.99 % on 30 y T's, which obviously means an economic contraction, as it sure isn't any flight to "safety" but more like a way over until people can figure out how to put their greenbacks in something not US denominated. Everyone sez thats a green light to more QE. So then what happens ? More liquidity then takes us to a lower low interest rate on T's ? When does the charade stop ? If this QE stuff is sooooo good for the economy, then why aren't stocks trading well over 14,000 by now on the Dow, and why is gold approaching $1650 like a freight train barreling down on Ben Bernanke's bald little head, ready to squash it like a 100 day old stinky melon? It still amazes me how people are so willing to hold stocks, and also barrel into treasuries, when the last thing I'd be holding is anything related to the US peso. P.S. and Bears are still 'fraid as a cat on a hot tin roof, to really short this market. Hmmnnn.