Bond rally nearing an end?

Quote from drsteph:

And yes, turning paper into hard assets defeats many things. The question is - when?

(not yet, IMHO) [/B]

Always, the question is "when." Gimme the answer to that and I'll give you the world. Trick is to turn a profit while retaining one's balance and sanity until the time comes ...

On a related note, my bet here is that the curve is going to bounce around inversion level longer than most are comfortable with - and long end prices will rally beginning of June like clockwork according to seasonal tendency, bouncing around near current levels in the meantime.

I liken it to 1999 when all (errr, many) were predicting a Nasdaq crash. Oh she'll turn, but in her own sweet time... Damn that was a long year!
 
Quote from Johnny Walker:

Durable Goods came in way hot. The economy is roaring.

And consumer confidence is at an all time high.

As a consumer ask yourself - is your confidence at an all time high?
 
I don't care what is actually happening, I care what everyone thinks is happening and what their bias is. Right now the prevailing bias says the economy is doing well and inflation could become a problem. I'm not trying to be hero, just trying make dollar out of .15 cents.
 
Quote from steveosborne:

Consumer Confidence is at a FIVE year high, isn't it? Which means since April 2001.

In any case, the inflation-risk premium is building up again.

April 2001 ... interesting point. Yikes!
 
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