Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

An 'Irrational Exuberance' Moment For Our Times?

FYI: When the bond market and stock market disagree, especially about how to interpret the Federal Reserve, a good rule of thumb is to bet on the side bonds are backing.

That's what makes the diverging paths of those markets in reaction to Fed Chair Janet Yellen's unusual comments on market valuations last week so interesting.
Regards,
Ted
http://www.reuters.com/article/2015/05/12/column-markets-saft-idUSL1N0Y21C320150512?feedType=RSS&feedName=everything&virtualBrandChannel=11563
Sign In or Register to comment.