This is a follow up to John Mauldin's Thoughts From The Frontline edition last week where he and Ed Easterling of Crestmont Research dive into the secular bear market that we are not close to getting out of. Between this week and last week newsletters, Mauldin gives us allot to contemplate given their analysis that shows we are in store for some serious declines.
I was listening to a conversation last week on CNBC since no one watches it any longer [see CNBC Ratings Fall to 7 Year Lows] and the conversation revolved around how low US treasury rates could go as they currently stand at roughly 1.5%. It wouldn't surprise me if they get below 1% and eventually approach 0.5%.
I can't imagine what a scenario such as this would look like expect for utter chaos or hanging onto the cliff by a finger nail. begins to assess the accuracy of his best selling book Bull’s Eye Investing that was released 10 years ago.
Here is the PDF link to Mauldin's newsletter this week.
No comments:
Post a Comment