tag:blogger.com,1999:blog-6616959642391988608.post1669071230234052082..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: This market seems way too fearfulScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-63215833420467476102011-08-22T17:50:58.033-07:002011-08-22T17:50:58.033-07:00US Treasury yields have priced in a recession. Wh...US Treasury yields have priced in a recession. Who says that this recession must occur in the US? If Scott's observations about the recent increase in M2 are accurate, then the lower yields are evidence of a likely recession in Europe. <br /><br />The increase in the price of gold reflects the likelihood of the monetization of the trillions of private debt that has been transferred to Rickhttps://www.blogger.com/profile/07767085539237536998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40648232470363351332011-08-22T12:43:37.852-07:002011-08-22T12:43:37.852-07:00Rosie has been very bearish for a very long time. ...Rosie has been very bearish for a very long time. Although the economy has done poorly in the past year and stocks and bonds are priced to a recession, I don't see signs of an imminent recession or a double-dip in the physical economy.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58670833509527094022011-08-22T11:56:14.394-07:002011-08-22T11:56:14.394-07:00Mr. Grannis,
Any thoughts on David Rosenbergs'...Mr. Grannis,<br /><br />Any thoughts on David Rosenbergs' recent "double-dip" comments making the rounds of the web today? He seems convinced we are going into a recession.<br /><br />Thanks,<br /><br />MarkUnknownhttps://www.blogger.com/profile/05199522736451064027noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89089567081423618192011-08-22T11:44:28.344-07:002011-08-22T11:44:28.344-07:00Scott
My impression is that investors are running...Scott<br /><br />My impression is that investors are running scared. They don't trust anything or anyone anymore. Aside from the massive loans to the banks by the Feds, this afternoon BOC's CDS are trading at 370 bps...<br /><br />Investors are tired of the lies, the insider dealing and the failure of buy and hold. so they are taking their money out, and investing in treasuries, becauseFrozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33930268046579461262011-08-22T10:56:49.106-07:002011-08-22T10:56:49.106-07:00The market is jittery. A lot of fear-mongering goi...The market is jittery. A lot of fear-mongering going on, and gold-mongering, sometimes the same thing. Talk radio operates in some sort of alternative universes.<br /><br />Other much more important commodities, such as natural gas and oil, are much more subdued than gold. <br /><br />When major presidential candidates suggest they would execute Federal Reserve officials, some people might thinkBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com