| Subject: | FWC: "the big [investment] surprise for the year is..." by David Rosenberg |
|---|---|
| Date: | Mon, 26 Jul 2010 09:58:32 -0700 |
| From: | Jas Jain |
David Rosenberg (my emphasis): "the big surprise for the year is that we are seven months into it and the bond market has smoked equities in terms of generating a total return for investors – and with a lot less volatility. Indeed – long-dated zero coupon bonds have really been the place to be with a juicy net return of 21% year-to-date (nifty WSJ article on this) – and yet the typical institutional investor right now is sitting 68% in equities! Now what's that all about?"
It is not a coincidence that Rosenberg in not a born-and-bred American dope. How many born-and-bred American dopes have been in the "long-dated zero coupon bonds?" And how many still hold investments related to Scams?? I hope that I have made my point about the dopes who are more than ignorant about investments--they have been trained to feeds the Crooks. Crooks and dopes are codependents!
Jas
US Treasury Rate Quotes
TNX (10 YR) = 3.00%
TYX (30 YR) = 4.03%
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