RE: Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bubble

Kirk Here.  If the Fed is running the printing presses full speed to buy up Treasuries, doesn't that make owning them risky, especially for the next year or two or until after we get a spike of inflation?   You would think "the boys" will run the market up to make the GM IPO successful to get the government off the backs of GM.   Long-term, you are probably right that entropy will move wealth from the US to the emerging markets.

I don't understand how people would buy GM bonds or the preferred other than for a trade after Obama has already shown he will break the law and take equity from bond holders to give the unions.... but that is another question for another day.

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Subject:	RE: [Jas Jain Commentary] Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bu...
Date:	Wed, 18 Aug 2010 12:47:22 -0700
From:	Jas Jain

 I was going to post that in the morning but there are more important things that needed posting.

Guy is a certifiable Crooks' agent. They get him on CNBC and Bloomberg to pump the Scam Market most of the time, but now they need to trash the Treasuries in order to get moeny into the Scam Market.

Jas

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Date: Wed, 18 Aug 2010 12:37:04 -0700
From: Kirk Lindstrom
To: jas_jain
Subject: [Jas Jain Commentary] Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bu...

Kirk here:  Jas, what do you think of the Jeremys' bubble comments?

Siegel and Schwartz Bond Bubble Warning Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bubble

Jeremy Siegel (author of Stocks for the Long Run") was just on CNBC to say bonds are in a bubble and stocks are a better deal.  In an op-ed written at the "Wall Street Journal," Jeremy Siegel and Jeremy Schwartz say that bonds, and in particular Treasury bonds are extremely overpriced, similar to what the tech bubble experienced in the late 1990's.

Full article Siegel and Schwartz Bond Bubble Warning

More information about

• TIPS or Treasury-Inflation Protected Securities
• Series-I Bonds
• You can read the full Siegel/Schwartz article by putting "The Great American Bond Bubble" in a search engine.

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