Tuesday, May 17, 2011

Bonds, Treasuries Appear Poised to Turn Bearish

Only a collapsing stock market would prevent bonds from turning bearish. It is no small wonder that both Bill Gross and Jim Rogers are shorting US government debt and other bonds.



Today, stocks look poised to turn bullish again. Amazing that stocks are rallying, given than the economic news today was universally bad. This is a key inflection point!