Michael Every
@TheMichaelEvery
London, Bratislava, Moscow, Sydney, Bangkok, Hong Kong, Haifa, Singapore,… Luton.
“I wish it need not have happened in my time,” said Frodo.
Joined May 2014
1.1K Following 34.5K Followers
A generation of lower for longer rate strategists:
1/3
Here's the chart back to 1793, courtesy of Ed McQuarrie at Santa Clara.
The past 10 years have been the worst since 1803.
Read that carefully.
Bonds WERE the worst investment in American history. It says nothing about what they do next.
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