was March 2003 the turning point of the 2000 bear market? basing on the bond yields & SPX, they are telling we are going to have a bull market. bond king Jeffrey Gundlach, bond emperor Bill Gross, and company are b1tching about earning peanuts with low interest rate? yet they've bailed out on bonds, the money has to go somewhere to re-gain the lost income? currently, what's the hottest, sensible story? no, it's not bitCon!
From Feb 25, 2009, just before the bull market started really taking charge : You just seem delusional at all times. How many 40% hair cuts have happened to the SPX in our lifetime ?
i read somewhere that the universe is expanding endlessly. maybe that allows for endless expansion of debt. long everything because, why not?
Just remember what we all (I include myself here) were saying about the imminent rampant inflation in 2009. I lost a bit of money engaging in that bet back then, how about you all? As a somewhat related aside, keep in mind that when the U.S. sells a 30 year treasury at 2% today they're going to be paying 2% on that debt between now and 2051, no matter what happens to interest rates between now and then. Even a 10 year note sold today at 1.5% locks in that rate through 2031. So you can't just do the quick math that Debt=X so if 10 year notes go to 5.3% interest payments go to .053*X.
after we saw oil at -37 last year, I say nothing is off the table. Drop of any magnitude is possible.