Alas, Poor Ben, he tries to tell them what needs to be done...but they can't hear him!
The market, like Israel, only hears what it wants to hear...
And I wouldn't invest in either of them!
On the Bond market... Merely having a weaker economy does not solve the debt and deficit problem of the US dollar...in fact, it only makes it worse!
The bond market does not seem to have it's arms around the potential for Stagflation in the US economy... This refusal to accept Stagflation, as a likely or even probable outcome, is what has the bond market so dazed and confused nowadays.
