Whenever news people delve into the world of finance, they transform into fucking idiots. Drudge, being one of the most visited sites in the world, by far the preferred portal for news and information for conservatards, has a fake news title up now — regarding the former Fed Chairman’s (Greenspan) warning of an impending collapse in the bond market.
But what the fuck is CNBC’s excuse for this title? They are supposed to be well versed in financial matters. More than that, it was their interview.
Look, in the interview he explicitly said that making forecasts about timing tops is a recipe for disaster.
“It looks stronger just before it isn’t stronger,” he said. Anyone who thinks they can forecast when the bubble will break is “in for a disastrous” experience.”
To be fair to Drudge, he probably just took CNBC at its word, and ran the story based on the CNBC title.
So stupid.
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Greenspan looks terrible. From hero to zero.
Sorry, I read “The bond bubble is stronger than ever and we are not ready to “pull it” just yet’!
He’s like a thousand years old.
LOL. Biblical.
Try supplanting vix for bond. Sitting here watching vix 9 93, 9 92, 9 91, pause, 9 84 9 82, glance away, 9 75. No nothing abnormal about the vix level! Nothing abnormal whatsoever. Perfectly standard condition of volatility, and given the maximum political uncertainty, and, attempt to dethrone a legitimately elected us president. Nothing to see here. 9 70 vix, Very Non Abnormal
dudes you can feel the machines moving it, down 6% 9 90 level, yet no problem continuing to tick down. in as much bubble burst territory as any Bond-doodad described by Greenshit
again: a kindergartner could see the magic wand with this thing, bubble bubble toil trouble:)
How can you smash yourhead against the same wall everyday??
If you trulely believe everything is rigged, why not get long years ago and enjoy the rigging?
“Hey guys look at this giant problem I helped cause!”
Chutzpah for days.
Lol.