Comments on: Bond Market Ramble

By: ejsmith

ejsmith — Fri, 22 May 2009 02:09:22 +0000

Personally I’m a fan of sarcastic wit. Must be a Gen-x thing.

I will say that irony is tough to pull off in written prose…… Clarity is paramount.

By: John Jansen

John Jansen — Fri, 22 May 2009 00:35:50 +0000

Lee,

And this.

I do not question the fact that W was a disaster. That doesnt make Bill great.

I have an obsession about him because I cant understand why Democrats treat him as if he is a rock star.

Here is a little addendum to what I wrote earlier.

He presided over a debacle for the Democratic party. From FDR until 1994 the Democrats had virtually continuous control of both houses of Congress. I do not know the exact numbers but they were almost always in control of both houses. I think they even controlled the House of Representatives following the Reagan 1980 landslide

He managed to lose that in 1994 and if had not been for the War the Republicans would still be in control of the Congress. Democrats lost untold power on his watch.

Furthermore, if he had any sense of decency he would have resigned in 1998. The fact that he remained in office in my opinion led to the election of Bush Jr. Had Al Gore run for President as an incumbent Bush never would have been elected in 2000.

By: John Jansen

John Jansen — Thu, 21 May 2009 23:50:21 +0000

Lee,

Try this.

http://acrossthecurve.com/?p=3317

By: Lee

Lee — Thu, 21 May 2009 23:38:38 +0000

Sarcasm is a weak psychological defense mechanism to hide cluelessness.

By: Donna Kline

Donna Kline — Thu, 21 May 2009 22:56:43 +0000

What a treat to find your site! I agree that the Clinton years were horrible. There is a general media fascination with a rise in equities as a symbol of properity. When we all know that it was the Reagan/Bush years that led to the economic expansion and the higher taxes (Govt Surplus) of the Clinton years that led to the decline. Let’s not even speak of the contraction of the military which continues to aid the terrorist regime….

By: Allan

Allan — Thu, 21 May 2009 19:17:37 +0000

(I’ve already asked this sort of question here, some days ago)

If you look carefully, euro, pounds (amazingly, hehe), yens, swiss francs… All of them are appreciating.. I didnt looked at the yields of these currencies, but I`m pretty sure they’re going down…

The very front-end of the curve (1M, 3M) is also gaining a little…

By: To "Flypaper"

To "Flypaper" — Thu, 21 May 2009 19:09:51 +0000

To answer your question, “where’s the money going?”

It’s going into REAL money — gold.

By: flypaper

flypaper — Thu, 21 May 2009 19:03:07 +0000

So stocks are cratering, bonds are cratering, where’s all the money going?

By: vol-trader

vol-trader — Thu, 21 May 2009 18:32:14 +0000

this buy-back thing reminds me of when i was trading JGB last April and May. after the huge run up of march, inflation talk started surfacing and oil began to take off. JGB started to sell off and broke a few trendlines. then they had a 10yr auction that had a big tail. then one day there was a buy back operation that was ridiculously oversubscribed and everyone paniced and the market went limit down. this basically repeated 2 or 3 more times before the lows were made. last spring in the JGB market was insane. sounds kinda familiar doesn’t it?

By: FYT

FYT — Thu, 21 May 2009 18:30:33 +0000

Thats a really good point Gross always talks his book