Just a quick point about bond yeilds from a highschool dropout who certainly isn't an economist.
The recent bullrun in bonds has been sucking several $Billion out of equity funds for well in excess of 30 months in a row!
That bullrun is OVER, people are selling thier bonds but now what?
The money has to go somewhere right?
People who've sold bonds have to make a choice, cash/property/shares/precious metals.
Wether it's based on any fundamental is irrelevant in my book, what is relevant is where those several $Billion per month will go now.
My guess is the next several months will see big spikes and dips in most world markets as the big players decide where to take us.
Ps: sorry that really wasn't that quick :)
Oh and Calvo it does indeed seem you where served my friend.
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