From the man who brought you 'irrational exuberance," Alan Greenspan has declared that U.S bond rates can go negative. In his interview he states that zero rates have no meaning...unless, of course, you are a saver. Read the story here.
Bianco Research (www.biancoresearch.com) recently posted this chart of sovereign interest rates around the world. A clear investment opportunity to pick a country that promises a negative return. Unprecedented.
Jeff Saut of Saut Strategy updated his weekly Monday commentary today (you can read his Monday post here). If you are looking for potential support in this market, his thoughts are always worth your time.
As he said in his remarks today, "I know old traders and I know bold traders, but I know no old and bold traders." Read today's thoughts here.
