watching CNBC trying to manage expectations.....who on this planet are they preaching to?....or, is it their determination to hammer a point until it becomes believable?
They got some hammering to do.....IMO the bond market will be upside down soon.....no one, me in particular, will not be supporting any corporate operations for some time to come.
Are you all keeping up on..."Build America"? Well, IMO, that particular objective will dissolve tax free municipals or any tax free investments in the future....it will phase out tax free investing. These investment(bond)offerings are only aviable to large operations, i.e Hedge Fund types....and the returns are paying less than current muni's and they are taxed, for that reason IMO, "tax free" will disappear.
We are up the creek as they say.....lol
doni