The problem with Bonds is that they are in a more sophisticated market...
While the hypsters can happy talk the market for the mom and pop audience...it's harder to hookwink the bond traders. And if the bond market starts to "express itself" negatively...even the hypsters will have to change their tune.
There are a lot of underlying fundamental and macro economic problems in the markets right now that can not be ignored... Hopefully they can be put "under the fold" so the retail suckers don't see them...
But then again maybe not... The problem is that the "everything is peachy" story just doen't hold water...beyond the Fox News channel...
There are a thousand ways this Happy Daze are Queer Again story could fold... Stay tuned....
