Comment

Nirthers Fleecing the Flock

107
3 wood5/21/2009 7:23:35 pm PDT

re: #69 Truck Monkey

Usually when the stock market craps out peoples money flows into the bond market. Do you see the bond market going on a run as people start to question the credit of the issuers of bonds? Could both bond and stock market slump at the same time?

I see money flowing into commodities, gold and bonds.

You have to bear in mind that there is now an absolutely massive debt to be financed, and the only way to do that is to jack up interest rates to attract the capital. I have my periodic review of my own investments with my broker last week and directed him to get ready to move a significant amount of my money into fixed income after inflation heats up. When interest rates jump up, there will be little reason to assume the market risk in the stocks if you can get a good yield in fixed income