tassi

The Fed lost the inflation fight this last trade week, but some have not noticed. The bond buyers went on strike and lowered prices, raising yields wildly.And, new 20 year TIPS were ignored by buyers today. Bonds are "slow".When interest rates rise steeply equities are hurt, usually killed. The rip in interest rates is a prelude for a major decline.Oh, the good news is the dollar went up and PM down. And the oil scare is over thanks to the SEC. Don't get no better!!