Very Interesting Thought
February 21st, 2008 by Buck Woodford
John Carter, proprietor of TradeTheMarkets.com is one source.
In tonight’s (free) missive, he makes an interesting point regarding the Treasury Bond market, Fed, and yield curve. It’s in the 2nd half of the 4-minute video.
An interesting — and semi-conspiracy — theory that just might be correct. He’s basically saying that if long-term interest rates in the US move significanly lower (thus bond prices significanly higher) that it signals the emergence of a domestic multi-decade economic stagnation similar to what Japan continues to experience (since 1989).
Just a heads-up. You will not hear this kind of opinion from mainstream financial news outlets. Gracias, senor Carter.
