And then we have people like this:
Around $6 trillion in sovereign debt is now yielding negative, with plenty of corporate debt heading down too.
http://davidstockmanscontracorner.com/the-war-on-savers-and-the-200-rulers-of-world-finance/There are very few voices mentioning any risk in this bond market, it is still regarded as the flight to safety. But neg yielding govt bonds to that extent, and so far out (almost to 10yrs for some) surely isn't a sign of health.
This would fit in with Armstrong's debt crisis phase transition call ; he says a collapse in confidence in govt or some event that shocks this bond market will see a rush out of govt bonds and into the private realm of stocks.
who talk about rising bonds but at the same time and in the same very post claim that MA prediction regarding the bond collapse is correct.
Again, MA is a highly overrated fraudster and a terrible forecaster whose only proven ability so far has been the ability to sell empty claims and bs reports and conferences to brainwashed and gullible idiots such as those proudly identified themselves in the thread.
I'd say you probably rushed this post a little. My understanding of MA's 2015.75 call (irrespective of whether you think it is rubbish, missed the date, or flip flopped) is for the possibility of a final surge into bonds before the bond market suffers some kind of crisis and money flees into the US stock market. This article correlates with this possibility; negative yields in the sovereign debt market, a result of a funds flocking to the short end, looking for safety and return of capital, not so much return on capital.
Then, I added:
This illustrates a possible unintended consequence of NIRP - a further push into bonds. Again, something MA has written of. I don't know if he will be correct. Perhaps funds will continue to flow back into the USD (especially if rates are raised again in March) and the stock market will rise as a by product of that and money will jump out of bonds once a trend is established (ie there will be no bond market event).
SloanF, you don't need to be belligerent. You have made your points. Some people accept them, some don't, some don't care. There are other sceptics in the thread who contribute. Turn to trolling if you want, but you will burn out soon enough and the thread will go on.