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The Opening Bell ! Stock Open Sharply Lower As Washington Weighs
interesting - BTW, agree with the gist of Ted's earlier cited book review (author Bill Bernstein) about "investing for adults" (keeping a long term perspective). But - still find all of this most interesting. What's odd, I think, is that U.S. Treasuries continue trending higher (yields lower) in the face of all this fiscal uncertainty. 10-year's steady at around 2.63%. In the unlikely scenario of government default, it would be terrible for those holding U.S. obligations. Of course that won't happen (and maybe the bond markets are telling us that).
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Here's link to the earlier post by Ted to which I referred. "Bonds Be Gone" http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/8079/bonds-be-gone#Item_1
Yikes - so many fine links past couple days it's getting hard to sort through all of them:-)