Another Mint Classic which unfortunately (or fortunately if you are short the major indices) is current again. Enjoy:
12/1/2010 Portland, Oregon – Pop in your mints…
Writing is such sweet sorrow. Sweet because there is no lack of things to write about. Sorrow because the financial authorities have made such a mess of things that there is no lack of things to write about, grand errors to expose again and again until we get it. The economy has been on adrenaline for almost 100 years and increasingly dangerous doses for the past 40. The crash will be grand and we must understand what is going on. If nothing else so that future generations can learn from the mistakes.
Back from the big picture to the problems of the moment. When will it end? We know more or less how, so we must look daily for the time to approach. Is it on the horizon? Your guess is as good as ours so we will consider what we know. Just when you thought it was clear sailing ahead for stocks and bonds, another wrench is thrown into the works. We have been focusing here at The Mint on the upcoming fireworks in the Bond Markets. Not that we know exactly how or when the market will collapse, we only know that its collapse, in some way, shape, or form, is imminent. Two of a myriad of reasons came into focus for us today which we will now attempt to pass along. Continue reading Mega Maid! Collapsing Bond Market to Suck Air Out of Stocks!
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