Hello Kacy,Its not about the unemployment number. Its about the...

Hello Kacy,

Its not about the unemployment number. Its about the bond market. Have a look at US 10 year treasuries, German 10 year bunds and the UK Gilts.

Treasuries are lower than what they were during the Great Depression.

UK Gilts are the lowest they have been for 300 years!!!

There is definetely a bond bubble which will burst.

Then all bets are off.

Sorry Kacy but things are that bad. This is what the stock market is adjusting too.

-BDI Index down 47% year to date

-Treasuries are at record lows

-US unemployment is woeful

-Europe is on the verge of financial collapse

-Dramatic drop in Chinese PMI to just above 50.

-India in trouble

Now tell me that these things are nothing to worry about (especially the bond market) and that we will not have a recession of some sort.

In case people haven't noticed there is no inflation. We are in a slow deflation mode which looks like picking up steam.

And yes we did have the largest Credit Bubble in history. Do some research please.

Anyway good luck.