Over $5.5 trillion in bonds are trading with negative yields. The media will tell you a dozen reason as to why Ireland, and for the love of God, Italy deserve to trade with negative yields; but none of them can see the forest through the trees like I can.
Seema Moody tries to make sense of it, but fails to grasp what it truly taking place here.
It’s the end of the world, mates.
Might I introduce you to a Mr. Devil Dog to explain the current situation we find ourselves in?
Indeud.
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Infuckingsanity.
If only we could time these things right.
Money will be coming out of Ark-dwellers accounts tomorrow: https://www.youtube.com/watch?v=MjTuAV036yY&t=0m5s
Soooo… that’s satire right?
Cause the people who think the world is going to end are fucking loonies. May Merica rule for 1000 years.
of course it’s satire, you moron
I’m a lemming. Point me toward a cliff.
I don’t know about a cliff, but there’s ZeroLedge over there. I think Devil Dog works there.
Satire by intent…but I find myself agreeing with all-too-many of the “satirical” predictions. The United Steaks of America will eat rice and beans, and that with zest!
Dang! That was funny!!!
How in the world do you work out a bond ladder with negative rates?
All of twitterdom is confindent the courrection is over. What could go wrong?
Goldman & Pimco torpedoing Ark-TLT centrists:
http://www.bloomberg.com/news/articles/2016-02-04/goldman-sachs-with-pimco-warn-bond-gains-will-turn-into-losses
Hilarious
Wonderful theater. Kudos to Fly for the creative.
I remember Ole Devildog!
blew up his account buying puts on spy in 2009