Monday July 8th - Is that the high in SPI?, page-35

Might be a delayed reaction, I won't get fooled again, or a let's wait and see stance. No point in chasing a 7 pct yield when you might lose 40 pct of your capital (as an example).. Speaking of yields.. "The inversion of the 30-year and federal funds rate has happened only six times since 1980. And five of those times it took place just before a significant pullback in stocks: the double-dip recessions of 1980-1982, the savings and loan crisis of the late 1980s, the Asian debt crisis of 1997, the bursting of the tech bubble in 2000 and the Great Recession of 2008" - From CNN.