From Jeff D. Opdyke: What a quandary we’re in. Stocks have reached stupid valuations. It’s like Wall Street has, en masse, joined the ghost of Jim Jones down in Guyana for the Jonestown Kool-Aid Reunion — and that’s gonna end badly for anyone who buys into the idea that egregiously overvalued stocks can march higher […]
NYSE:STPZ, NYSE:TIP, NYSE:WIP, NYSE:TLT, NYSE:TBT
NYSE:TIP, NYSE:WIP, NYSE:STPZ, NYSE:IPE, NYSE:LTPZ, NYSE:SCHP, NYSE:STIP, NYSE:TIPZ, NYSE:GTIP, NYSE:ITIP
NYSE:JPM, NYSE:STPZ, NYSE:TIPZ, NYSE:LTPZ, NYSE:TUZ, NYSE:CORP
Inflation is creeping up everywhere. Prices for gold, silver, oil, gasoline, food, even soft drinks are all creeping higher. You see it every day.
The brickbats are starting to pour in. For months, I’ve warned readers about the bubble developing in long-term Treasury bonds. Yet what was the top-performing asset class in the first half of 2010? You guessed it: Long-term Treasury bonds, with a total return – price gains plus interest – of 13.2%.
“PIMCO doubled the size of its ETF offerings for the second time in as many weeks. Of course, when you are going from one to two, and then two to four