Plain speak guide for when to get (nominally) bullish on LT USTs:
Are higher rates & therefore higher interest expense leading to sharp cuts in Entitlements & Defense spending?
If yes, bonds are a buy. If no, bonds are a sell.
1 of these 3 are a bubble: Bonds, USD, or Boomers
Implication of this headline for investors, in plain speak:
Inflation is going WAY higher over time if this continues; sell LT bonds on all days ending in "-y".
Via @riteshmjn
Dolly Parton was a gifted writer who started at a time when female country singers rarely penned their own songs. Her lyrics were plainspoken and playful. And she was brave, decent and unapologetically herself