I am not much one for dire predictions but the situation is getting serious as the markets refuse to see what is staring at them in the face much the same way as in 87. One day soon they see the crumbling dollar record commodities equity markets that even with all the liquidity unable to break higher, massive write downs affecting the major financial instutions and BANG we have a big big move. Until then though trade what you see
Bonds would need to be tanking.. whoda thought they wouldn't be? Who the hell wants em??? Ahhhhh...the Fed... He who has unlimited capital can't lose!