Submitted by Nic Lenoir at ICAP We have very convincing arguments for further selling off in US Fixed Income. On the daily chart we see that ever since June the market had been stuck in a triangle consolidation
Friday, November 20, 2009
CRE is possibly the single biggest experiment in "extend and pretend" currently evolving (aside from the US economy itself, which like a drug addict, is fed its daily methadone of fiat money by its enablers Bernanke and Geithner) in America. This is confirmed by the latest Korpacz Real Estate Q3 Investor Survey: far from pig lipsticking in tried and true CNBC fashion, the report tells it how it is
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Monday, December 21, 2009
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