- Every time I have seen the consensus this bearish on treasuries there has been a rally.
- I don't believe the economy could withstand much higher rates. If rates go much higher the rest of my portfolio should do very well as I am not positioned for a strong economy.
- I am long treasuries via a short of the TBT. The TBT is a levered ETF that has lost over 30% of its value in the past 18 months even though treasuries (TLT) have done nothing.
I will be out at meetings for the next few hours.
5 comments:
The date-
Markets should start their decline on Jan 26th.
Good luck.
Sold PCBC @ 1.38
OL DAWG
OL DAWG
Did you see what CRME did?
Great call on CRME Tsachy!
I cant take credit for it. I researched it at $4. It popped 20 cents so I decided not to buy. Woulda, coulda , shoulda.
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